Senior executives from more than 75 businesses in the United States, including apparel powerhouses Gap, Levi’s and Nike, have arranged to meet with a bipartisan group of federal lawmakers to debate on a meaningful climate legislation — including a national price on carbon.
The Lawmaker Education & Advocacy Day (LEAD) on Carbon Pricing, which features companies with a combined market valuation of around $2.5 trillion, is the most substantial business gathering on Congress to implement new climate legislation in more than a decade. The organisations participating in LEAD include 21 Fortune 500 companies, trade associations, and SMEs from across all 50 US states. Aside from their collective valuation, the firms involved also employ over one million American citizens.
The goal of the talks is to make business case for a strong and effective federal carbon price and to share the private sector’s view on how best to tackle the climate crisis. All 75 business representatives, of which eight are CEOs, will hold one-on-one meetings with lawmakers and congressional staff with both party affiliations to discuss the economic impacts of climate change and the need for more effective national climate policies.