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America’s Business Leaders Reaffirm Commitment to Addressing Climate Change

WashingtonBusiness Roundtable today released the following statement on the Administration’s climate announcement.

“Business Roundtable recognizes the potential consequences of climate change and supports both government and private sector actions to reduce greenhouse gas emissions globally,” said Dave Cote, Chairman and CEO of Honeywell and Chair of Business Roundtable’s Energy and Environment Committee.

“The President’s proposals today are a mix of commonsense steps we can all support – such as increasing energy efficiency across all sectors of the economy – and measures that will require additional careful attention to ensure they can be deployed in an equitable and effective global framework. For instance, we look forward to reviewing how the Administration plans to regulate emissions from existing power plants. Partnering with industry and stakeholders will be critical to a smart, economically sound approach.

“The Roundtable has advocated for increased permitting of alternative energy projects and collaboration between the public and private sectors on technology, efficiency and transmission investment, and is pleased to see a renewed commitment from the President.

“Significant changes to the U.S. tax code should be made only within the context of comprehensive tax reform, not on an ad hoc basis targeting specific industries.” 

In keeping with its support for addressing climate change, the Roundtable last month endorsed S. 761, the Energy Savings and Industrial Competitiveness Act of 2013. The Roundtable’s position on climate change is here.

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