Founding Member Statements
Click the logos and names to jump to each statement.
Corporate Founding Members
Energy Founding Members
NGO Founding Members
Distinguished Co-Authors of Carbon Dividends Plan
“Addressing the risks of climate change and building a more resilient and sustainable future is core to AECOM’s mission as one of the world’s largest infrastructure services firms. We believe that the market-based approach proposed by the Climate Leadership Council provides the best chance to build a coalition of leaders across the political spectrum and show that we can protect the environment and the economy at the same time. AECOM is pleased to join the other top corporate and NGO leaders in support of this proposal.” – Michael S. Burke, Chairman and CEO
“Allianz is pleased to join the Climate Leadership Council as a founding member. We are strongly committed to enabling a low-carbon economy and we recognize the important role of the United States in solving this global challenge. Climate protection is best realized by involving market actors and by creating suitable price-signals for carbon. We therefore highly welcome the Climate Leadership Council’s “carbon dividends” plan that will ultimately benefit the economy as well as the environment.” – Oliver Bäte, Chairman and CEO
“Addressing climate change is an economic issue as well as an environmental one. At AT&T we are making significant investments in renewable energy, reducing our greenhouse gas emissions, and working with our customers to reduce their emissions by using the power of our technology. We are proud to be part of the conversation around a market-based framework that could deliver consistency and clarity.” – Randall L. Stephenson, Chairman and Chief Executive Officer, AT&T Inc.
“As an energy company, BP wants to be part of the solution, pursuing energy efficiency in our operations, providing gas as a sustainable fuel for power and industry, supplying efficient fuels and lubricants for transport, investing in renewables and technology innovation – and encouraging governments to make lower carbon options more competitive by putting a price on carbon.” – Bob Dudley, Group Chief Executive
Company Statement: BP’s strategic framework is rooted in society’s need to use more affordable energy while reducing carbon emissions. We are expanding our gas portfolio and providing fuels and lubricants that help make vehicles more efficient and lessen their carbon impact. We operate significant renewable energy businesses and are investing in dynamic, low carbon enterprises through our venturing arm. Our operating management system helps our businesses around the world to manage the potential environmental and social impacts of projects and operations. We support carbon pricing as the most comprehensive and efficient way to drive the low carbon transition. BP is a member of the World Bank GHG Flaring Partnership, the Climate and Clean Air Coalition, the Carbon Pricing Leadership Coalition and the World Bank Zero Routine Flaring by 2030 Initiative, the World Business Council on Sustainable Development and the UN Global Compact. Our chief executive chairs the Oil and Gas Climate Initiative, which brings together ten of the world’s largest oil and gas producers to collaborate on action to reduce greenhouse gas emissions.
“ConocoPhillips has been actively engaged in climate-related discussions with policy makers and stakeholders since our first global climate change position was published in 2003. Since then we have developed climate change action plans, set an emission intensity target, integrated carbon-restricted scenarios into our strategic planning process, engaged with policy makers in a variety of jurisdictions on carbon and climate-related policy and published our carbon tax principles. We are pleased to now join the CLC to continue the dialogue around carbon price policy development in the United States.” – Ryan Lance, Chairman & CEO
“As the nation’s largest producer of emissions-free energy, we have long supported action on climate change because we firmly believe it is essential to protect the well-being of our customers and all Americans. A carbon dividends policy that returns proceeds to consumers will unleash innovation and investment in new and existing technologies and put us on course to reduce emissions in the fastest and most economical way possible, while also protecting American jobs and the security of our energy supply.” – Chris Crane, President & CEO
“ExxonMobil believes the goal of a carbon policy should be to reduce emissions at the lowest cost to society. We established principles almost a decade ago to guide our analysis of policies proposed by governments around the world. These principles led us to support the Paris agreement as an effective framework for international action. And they led us in 2009 to conclude that a revenue-neutral carbon tax was a viable option for policy makers to consider. We have been encouraged by the proposal put forth by the Climate Leadership Council as it aligns closely with our longstanding principles. We are pleased to support the Climate Leadership Council as a Founding Member and work constructively to support their policy development process.” – Darren W. Woods, Chairman & CEO
“First Solar is uniquely positioned as a leader in the world’s sustainable energy future. Our commitment to enabling national energy grids, corporate procurement groups and local communities worldwide to incorporate clean, renewable energy is squarely aligned with the Climate Leadership Council’s mission. We see this effort as a crucial forum for informed advocacy of realistic climate protection solutions that make sense for global environmental and economic interests.” — Mark Widmar, Chief Executive Officer
“Ford remains committed to reducing carbon emissions consistent with the Paris Climate Accord. The Climate Leadership Council’s detailed plan to reduce carbon emissions in a cost-effective way supports our more than $11 billion investment to provide customers with a broad range of hybrid and fully electric vehicles. We look forward to working with the Climate Leadership Council in building consensus among lawmakers on these complex issues.” – Joseph R. Hinrichs, President, Automotive for Ford Motor Company
“We acknowledged long ago that climate change is real and that lowering emissions is both a social imperative and an economic opportunity. Addressing climate change in an effective and sustainable manner requires a holistic approach involving all sectors of the economy. ” – Mary T. Barra, Chairman & CEO
Company Statement: General Motors continues to be committed to better fuel economy for our customers and a better environment for everyone. We acknowledged long ago that climate change is real and that lowering emissions is both a social imperative and an economic opportunity. Nothing showcases our commitment more than our leadership in electric vehicles and the Chevrolet Bolt EV – the first EV for everyone with 238 miles of range on a single charge and a net price of less than $30,000. That’s innovation that builds jobs and customers for life. Furthermore, GM has pledged to meet 100 percent of the electricity needs of our global operations with renewable energy – such as wind, sun and landfill gas – by 2050.
“IBM has stated for more than a decade that climate change is a serious concern that warrants meaningful action on a global basis. That is why our company supports putting a price on carbon. It is also why IBM supports the Paris Agreement and is on track as a company to reduce emissions associated with out consumption of energy consistent with what scientists say is needed. We believe the Climate Leadership Council’s plan for a carbon tax with carbon dividend is the best way to secure agreement for action, and IBM will work to build support for it with elected officials, corporate colleagues, and our fellow citizens.” – Wayne S. Balta, Vice President, Corporate Environmental Affairs and Product Safety
“At Johnson & Johnson, we believe human health and environmental health are inextricably linked and that environmental stewardship is an important responsibility for all companies. We have a longstanding commitment to the health of our environment, including reducing our carbon footprint. We are excited to be a founding member of the Climate Leadership Council as another step towards a low carbon economy, cleaner air and better health for all people.” – Alex Gorsky, Chairman, Board of Directors & Chief Executive Officer
Company Statement: At Johnson & Johnson, we aspire to change the trajectory of human health. We believe that to do so, in addition to the innovative healthcare solutions we deliver, we must also care for the planet like our health depends on it, because it does. This belief is why we have had a longstanding commitment to the health of our environment. We also believe that environmental stewardship is an imperative for running a business responsibly. We have been setting public goals to improve the environmental performance of our business for decades including goals to reduce our carbon emissions and increase our use of renewable energy. Our latest set of goals, our Health for Humanity 2020 Goals, include a science based target to reduce our carbon emissions by 20 percent and increase our renewable energy usage to 35 percent globally – a goal we increased after we signed a Power Purchase Agreement in 2016 that enabled us to achieve our original 2020 target of 20 percent several years ahead of schedule. As the world’s largest, most broadly based healthcare company, we realize the health of our environment is a big job, bigger than any one company or organization and will require collaboration at scale to fully realize a healthy future for generations to come. We have and will continue to join global coalitions and governments around the world to promote low carbon solutions and actions that mitigate environmental impact and advance public health. We have also supported national policy mechanisms to reduce carbon emissions for many years. And today, we are excited to be a founding member of the Climate Leadership Council to support the development of a carbon dividend and take another step forward toward a low carbon economy, cleaner air and better health for all people.
“MetLife has a long history of working to improve the environment, which we demonstrate in a variety of ways including our greenhouse-gas reduction targets and our status as the first U.S.-based insurer to commit to carbon neutrality. We are proud to be a founding member of the Climate Leadership Council and believe the framework they have set forth can help avoid the worst potential effects of climate change.” – Steven A. Kandarian, Chairman of the Board, President & Chief Executive Officer
Company Statement: At Microsoft, we believe that climate change is an urgent national problem that demands a global response. Since 2009, Microsoft has made and met a series of commitments to reduce the company’s carbon footprint, including imposing an internal carbon tax across our business and a goal to reduce our operational carbon emissions by 75 percent by 2030. We believe it’s time for a serious national discussion on carbon pricing to drive greater action across all sectors, and the inclusive, bipartisan and cross-industry coalition approach of CLC offers one path forward towards that goal. While we do not endorse all the existing elements of the current draft plan, by joining we have a seat at the table to help shape an effective final proposal.
“At P&G, we are committed to doing our part to help reduce the negative effects of climate change. The framework announced today by the Climate Leadership Council offers a path that will help take constructive steps towards addressing climate change and provide transparency and predictability for business.” – David S. Taylor, Chairman, President and CEO
Company Statement: A key focus of P&G’s Environmental Sustainability efforts has been our commitment to do our part to help address climate change. We have efforts underway to reduce the greenhouse gas (GHG) emissions through greater energy efficiency and renewable energy use at our manufacturing sites. We also help consumers reduce their environmental footprint with innovations such as cold water washing that can cut greenhouse gas emissions and reduce energy costs. These efforts are equally good for business in that we save more than $500 million from energy efficiency alone and good for consumers in that they get great cleaning in cold water and save money on energy bills. Many of our consumers, employees and partners care deeply about the environment, and we believe we can make a meaningful difference through sound environmental stewardship of our business practices and operations. While climate change is a global issue bigger than any one company, P&G is committed to collaborating with NGOs, governments, and companies to help advance solutions that are good for the environment, society, and our economy. Environmental Sustainability is part of P&G’s broader Citizenship framework that also includes Ethics & Corporate Responsibility, Community Impact, Diversity & Inclusion, and Gender Equality.
“Climate change is one of the most important issues of our time and requires immediate, coordinated action. PepsiCo has a science-based goal to reduce absolute greenhouse gas emissions across our value chain by at least 20% by 2030, and we will continue to deliver on this goal. Industry action must be supported by climate policy that creates clear price signals and incentives to accelerate clean technology and needed innovation. Carbon pricing is an effective measure to curb emissions and put America on the right path to combatting climate change.” – Indra K. Nooyi, Chairman & CEO
Company Statement: Climate change requires immediate action across all sectors. PepsiCo’s longstanding commitment to address greenhouse gas (GHG) emissions has already increased our food and beverage company’s efficiency and reduced expenses. For example, we created one the largest commercial fleets of electric vehicle trucks in the country and improved our legacy operational energy efficiency by 18% since 2006, resulting in estimated energy cost savings of more than $96 million. We have now set a goal to reduce absolute greenhouse gas (GHG) emissions across our value chain by at least 20% by 2030. This has been recognized by leading nongovernmental organizations as a science-based target. Not only is combating climate change the right thing to do, it will also reduce operating costs, mitigate risk and unlock new opportunities for growth. We will work to achieve this goal by:
- Increasing our energy efficiency and transitioning to renewables in our manufacturing operations where feasible;
- Working with our suppliers to reduce their GHG impacts;
- Exploring less GHG-intensive packaging materials; and
- Helping our direct farmers reduce GHG emissions in the field through global programs such as our Sustainable Farming Initiative.
“Companies, governments and regulators will all have to work together to address climate change. Setting a price on carbon and promoting low carbon technology are vitally important steps as we address the long-term impacts of climate change.” – Ana Patricia Botín, Executive Chairman
Company Statement: Banco Santander’s purpose is to help people and businesses prosper. A lower carbon economy is essential for this goal and will require market-based solutions and engagement from all stakeholders. Banco Santander is committed to being an active and responsible leader in this transition to a low carbon economy.
“Connected devices, big data, analytics, and digital services are driving new ways of doing business across all markets. As companies push toward digital transformation, they can realize quantifiable energy savings and cut carbon emissions, while increasing operational productivity. If businesses, countries and cities adopt these smart and connected technologies, we can achieve the needed efficiency gains to win our climate change fight. There are no borders to carbon. It is our corporate duty to fight climate change trigged by carbon emissions. This means cutting our emissions 50 percent by 2050, by being three times more energy efficient — and digitization will help us achieve this goal. We must act now for a better future. ” – Jean-Pascal Tricoire, Chairman and CEO
Company Statement: Schneider Electric is the global specialist in energy management and automation. With revenues of $26 billion US dollars (25 billion euros) in FY2016, our 144,000+ employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life Is On.
“Shell has long called for a robust and transparent price on CO2 emissions. Designed well, a price mechanism would accelerate the transition to cleaner energy and drive innovation – allowing society to meet the climate challenge without sacrificing economic growth or quality of life. It’s an approach that is consistent with our stated purpose of creating more and cleaner energy and complements Shell’s focus on natural gas, our leadership on CCS and our work to improve the efficiency of our operations.” – Ben van Beurden, Chief Executive Officer
Company Statement: A key role for society – and for Shell – is to find ways to provide much more energy with less carbon dioxide. We believe that the transition to low-carbon solutions is best underpinned by meaningful government-led carbon “pricing” mechanisms. Our natural gas businesses help reduce emissions from electricity, by replacing coal, and we have an interest in a wind business with more than 800MW of capacity. We have also invested heavily in the lowest-carbon biofuel and we continue to explore second-generation biofuels options. Our New Energies business explores investment opportunities in energy solutions that combine wind and solar power with gas, for example, and new ways to connect customers to energy. We are also committed to reducing our emissions intensity and continuing efforts to improve the energy efficiency of our operations. We believe the world will need to find ways to deploy carbon capture and storage (CCS) to achieve its ambition to tackle climate change. Working with our joint venture partners, our Quest CCS project in Canada has captured and safely stored two million tonnes.
“As a key player in the energy sector, reliant on long term investment cycles, we, at Total, deeply understand the critical importance of a strategy focused on long-term and sustainable growth. Today, and in the coming decades, the energy sector faces dual challenges: providing more affordable & reliable energy to the world’s growing population, while addressing the climate issue through clean energy. Carbon pricing is fully consistent with such ambition.” – Patrick Pouyanné, President & CEO
Company Statement: As a key player in the energy sector, reliant on long term investment cycles, we, at Total, deeply understand the critical importance of a strategy focused on long-term and sustainable growth. Today, and in the coming decades, the energy sector faces dual challenges: providing more affordable & reliable energy to the world’s growing population, while addressing the climate issue through clean energy. We have decided to integrate Climate into our strategy which means we are already taking a number of actions to help limit emissions, such as growing the share of gas in our production, making energy efficiency improvements in our operations and products, investing in low carbon businesses such as renewable energy and energy storage. We believe that a price on carbon should be a key element to enhance these actions: it encourages the most efficient ways of reducing emissions widely, including greater energy efficiency, the use of natural gas in place of coal, increased investment in renewable energy, smart buildings and grids, off-grid access to energy, cleaner cars and new mobility business models and behaviors. Joining the Climate Leadership Council as a founding member is so fully consistent with our ambition to become the responsible energy major.
“Unilever strongly supports government efforts to set a price on carbon. Pricing carbon is a key market enabler of an accelerated transition to a clean, efficient and low carbon economy. The Climate Leadership Council’s approach to establishing a carbon price in the US has support from people across the political spectrum and the potential to bring together policy makers to engage in a bipartisan solution.” – Paul Polman, Chief Executive Officer
Company Statement: Unilever is addressing climate change across our business. In our supply chain, we have committed to achieving zero net deforestation associated with four commodities – palm oil, soy, paper and board, and beef – no later than 2020. We have extended this commitment to our tea businesses and supply chains. With our products and packaging, we are reducing the impact of consumer use through better design and innovation. And in our own manufacturing operations, we have set the ambitious goal of being Carbon Positive by 2030. Globally, we will:
- Source 100% of our total energy across our operations from renewable sources by 2030
- Source all our electricity purchased from the grid from renewable sources by 2020
- Eliminate coal from our energy mix by 2020
- And in order to achieve our target of carbon positive by 2030, we intend to directly support the generation of more renewable energy than we consume and make the surplus available to the markets and communities in which we operate.
“As an integrated energy company with leading competitive power generation and retail electricity and natural gas businesses, Vistra Energy is committed to environmental stewardship. That commitment extends to climate change and reducing CO2 equivalent emissions. We believe an economy-wide carbon fee would be the most effective and equitable public policy solution to appropriately incentivize investments in carbon-free and carbon-reducing technologies– without disruption to our unparalleled economic system and associated prosperity. A nationwide carbon fee that is priced appropriately, market-based and consistently applied, like the proposal put forth by the CLC, would allow companies to make strategic choices based on a uniform set of rules, and, importantly, would eliminate the need for mandates and subsidies. With the right public policies and regulatory oversight in place, the country can effectively progress its efforts to combat climate change.” – Curt Morgan, President and CEO
“Today, Conservation International is proud to become a Founding Member of the Climate Leadership Council. The Climate Leadership Council has put together a wide-ranging coalition from the business and NGO communities to distinguished thought leaders in support of a carbon dividend plan that puts a price on carbon. This market-based approach benefits the environment by encouraging the reduction of carbon emissions and benefits the American people by providing them with a carbon dividend. Climate change poses real threats to nature and the vital services it provides to people such as food and fresh water. Conservation International welcomes innovative ideas that can lead to the reduction of carbon emissions and the mitigation of the impacts of a changing climate while protecting the American economy.” – Peter Seligmann, Chairman & CEO
NGO Statement: Founded in 1987, Conservation International (CI) is a global leader in conservation science, policy, finance, and field demonstration. Throughout CI’s 30 years, the organization has helped support 1,200 protected areas across 77 countries, safeguarding more than 601 million hectares of land and sea. CI currently works in 30 countries worldwide. The organization’s program activities are undertaken in partnership with local communities, governments, NGOs, research institutions, universities, and businesses. Through its climate strategy, CI is working to ensure that nature-based solutions help mitigate carbon emissions and enable communities to adapt to a changing climate.
“We were pleased to see a distinguished group of leaders across the political spectrum offering a carbon tax proposal drawn from principles that Republicans, businesses, and others have long endorsed. We look forward to working with corporate leaders, colleagues in the non-profit community, and climate and energy leaders to support this initiative to broaden the dialogue about climate solutions.” – Mark Tercek, President & CEO
NGO Statement: The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at unprecedented scale, and helping make cities more sustainable. Working in more than 65 countries, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org.
“A nationwide price on carbon with smart complementary policies can unleash innovation at the scale required to meet the climate challenge. Bridging the political divide currently blocking federal climate action requires engagement by diverse partners from every sector of our society, working together to bring forward fresh ideas and new momentum. WWF looks forward to joining this important conversation.” – Carter Roberts, President & CEO
Steven Chu“The risks of climate change are real, and we need policies that will decrease carbon emissions at the lowest possible cost.
A revenue-neutral carbon tax based on the 4 pillars of the Climate Leadership Council minimizes regulatory complexity, and provide investment certainty. It will unleash American scientific ingenuity, innovation, and market investments that are needed to protect our environment.”
“A revenue neutral carbon tax would allow the United States to show how carbon emissions can be reduced without the detailed regulations that have been imposed. A true market-based solution. By returning the revenue directly to citizens, most Americans will receive more in the form of a cash carbon dividend than they pay indirectly in the form of carbon taxes. So they are net financial winners. It is a good idea. It is an idea that would work. And it’s an idea that should be politically supported.”
“The Council’s carbon dividends plan can bridge partisan divides, strengthen our economy and protect our shared environment, while making 223 million Americans financially better off. We could not be more pleased to welcome such a distinguished and diverse group of Founding Members to help us develop this consensus climate solution based on carbon dividends.”
N. Gregory Mankiw
“There are few panaceas in life, but the closest thing I know to a panacea in the climate change debate is putting a price on carbon and rebating the revenue to citizens.”
“Secretary Shultz and I have been working for a number of years on a conservative, market- based approach to dealing with the risks of climate change. We believe the revenue neutral carbon tax advocated in our paper would accomplish this objective in a very constructive fashion. I am looking forward to working with the Climate Leadership Council and the other Founding Members on this initiative.”
“The carbon dividends approach can strengthen the US economy in ways highly valued by both the left and right, while spurring global efforts to address climate change. Adopting a carbon dividend approach would pay huge dividends for the global climate, the US economy and US leadership in the world.”
“The Climate Leadership Council’s plan for a carbon tax whose revenue is rebated to all citizens combines a powerful market incentive for emissions reductions and increased innovation with a basic commitment to fairness. It has much potential not only in the United States and Europe, but also in India. That is why I am pleased to join as a Founding Member of the Council.”
“As a co-author of The Conservative Case for Carbon Dividends, I am pleased to join the Climate Leadership Council as a Founding Member. Addressing the risks to our economy and national security from the changing climate is vital to the strength of our nation. The carbon dividends plan is a market-based approach that would result in reduced emissions, and the revenue generated would be returned to the American people. I look forward to working with the Council and the distinguished Founding Members to advance this proposal.”