Here’s a number – 2,000. That’s how many donors we need this fall to stay on track. Can we count on you?
TEXT OF STORY
Steve Chiotakis: While some CEOs of some big companies were on Capitol Hill pushing another economic stimulus package, other big company chiefs are banding together to help fight global climate change — Starbucks, Nike, Levi Strauss, others. Here’s Sarah Gardner at the Marketplace Sustainability Desk.
Sarah Gardner: These corporations call themselves “Business for Innovative Climate and Energy Policy,” or BICEP, and they’re flexing a little muscle in the debate over energy and climate change.
Here’s what they want: no new coal plants unless they capture CO2, a national mandate for renewable energy, and a carbon cap and trade system that auctions off pollution permits instead of giving them away for free.
Starbucks executive Ben Packard:
Ben Packard: The critical issue for us is that the places where we depend on for our core product, coffee, could be significantly impacted by a change in our climate.
BICEP is calling for more aggressive and specific steps than the U.S. Climate Action Partnership, another business coalition. This new group also aims to offset the message of another big business player, the U.S. Chamber of Commerce. The Chamber has been warning lately that greenhouse gas regulation will just make the weak economy worse.
I’m Sarah Gardner for Marketplace.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.