THE CLIMATE GROUP ENDORSES OBAMA EPA EMISSIONS PLAN

Environmental Protection Agency announcement: The Climate Group responds

June 2, 2014 (The Climate Group

“…[T]he Obama Administration set new regulations limiting carbon emissions from US power plants, which is central to Obama’s Climate Action Plan. Power plants currently account for about 40% of America's total carbon emissions…”

[The Climate Group CEO Mark Kenber:] “…[This] announcement from America shows leadership and commitment to securing a global climate agreement…As Gina McCarthy said in the announcement, we can turn risks of climate change into business opportunity. The performance of clean energy and technology stocks demonstrates again and again that there is a strong economic case for climate action. The average return on investment from clean energy technology is over 30% within a 3-year period…The Climate Group has been working with American leaders in government, business and society to depolarize the climate issue, bring them together around the evidence for action, and demonstrate the undeniable business case for an American Clean Revolution that boosts growth and creates jobs…[This] could be the butterfly moment that sparks a chain of events that ripples across the globe and builds momentum for the international climate negotiations, the US–China bilateral relationship on climate talks which could deliver a global agreement…” click here for more

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