Nike, EMC, Ikea and other biz giants urge U.S. climate action

Some of the world's largest businesses this week called on America's political leaders to urgently accelerate efforts to build a greener economy, arguing that "tackling climate change is one of America's greatest economic opportunities of the 21st century."

Published to coincide with the release of President Barack Obama's budget plan, which includes a series of measures designed to drive low-carbon investment, the "Climate Declaration" was backed by a host of high-profile brands, such as Adidas, Ben & Jerry's, Ikea, L'Oreal, Nestle, Nike, Starbucks and Unilever, as well as a number of leading technology firms, including CA, Ebay, EMC and Intel.

The declaration, orchestrated by the Business for Innovative Climate & Energy Policy (BICEP) group, argues that a wide range of economic benefits may be realized from taking ambitious action to tackle climate change risks.

"In doing this right, by saving money when we use less electricity, by driving a more efficient car, by choosing clean energy, by inventing new technologies that other countries buy and creating jobs here at home, we will maintain our way of life and remain a true superpower in a competitive world," the statement reads. "In order to make this happen, however, there must be a coordinated effort to combat climate change."

The statement also criticizes climate sceptic groups seeking to undermine the green economy, arguing that "we cannot risk our kids' futures on the false hope that the vast majority of scientists are wrong."

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