Satya Nadella, Tim Cook, Elon Musk, and several other business leaders state commitment to Paris agreement

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What you need to know

  • Satya Nadella, Tim Cook, Elon Musk, and several other CEOs and business leaders signed a statement showing a continued commitment to the Paris climate agreement.
  • The document includes signatures of leaders that employ over 2 million people.
  • Several of the same CEOs supported the Paris climate agreement in 2017 when the Trump administration announced an intention to leave the agreement.

Almost 80 prominent CEOs and U.S. labor organization leaders signed a letter showing a continued commitment to the Paris climate agreement (via TechCrunch). Satya Nadella, Tim Cook, and Elon Musk are among the signers of the statement. The complete statement is on and includes why the CEOs are "still in" on the agreement.

The CEOs and leaders combine to employ more than 2 million people in the United States and represent 12.5 million people through labor organizations. The letter states that "Together, we know that driving progress on addressing climate change is what's best for the economic health, jobs, and competitiveness of our companies and our country."

Many of the same people that signed this document also supported staying committed to the Paris climate agreement in 2017 when the Trump administration expressed a desire to leave the agreement. President Trump recently confirmed that the United States will withdraw from the Paris climate agreement.

The letter states a continued commitment to the agreement,

"Today, we stand by our conviction that a commitment to the Paris Agreement requires a just transition of the workforce—one that respects labor rights and is achieved through dialogue with workers and their unions.

In addition to environmental issues, the letter address that the Paris Agreement affects global markets,

Staying in the Paris Agreement will strengthen our competitiveness in global markets, positioning the United States to lead the deployment of new technologies that support the transition, provide for our workers and communities, and create jobs and companies built to last.

In addition to Satya Nadella, Tim Cook, and Elon Musk, the letter includes signatures from Stuart Appelbaum, the Executive Council & Chair of International Committee, AFL-CIO, Marc Benioff, the founder of Salesforce, Sir Richard Branson, the founder of Virgin Group, and Robert A. Iger, the Chairman and Chief Executive Officer of The Walt Disney Company,

Sean Endicott
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  • Good on them, that's the way things should be done. Rather than having the government spend money which isn't theirs on things which are outside of their commission and scope; companies can individually make their own decisions. Market pressures can then take society in the direction which it should go. Let these companies invest their own money in green efforts, and leave taxpayers alone...I mean, unless it's all just lies and virtue signaling, like when China signed on to the agreement to get the international community off of their backs, while completely ignoring it and letting other developed nations commit their resouces to green energies instead of competing with Chinese technologies...
  • Governments have a role to play in regulating companies in uncompetitive/corrupt markets.
  • I would need some explanation (maybe elaboration is a better word?) to understand how your comment bears any relevance to mine.
  • Jez, the problem is that the uncompetitive markets, as ArtForm pointed out, are the ones that sign on to this to bind others with no intention of complying. Individual companies will do the right thing, because customers reward them with loyalty and sales. Governments can only screw it up.
  • Perfectly stated, ArtForm.
  • What a crock that agreement is. 3 trillion dollars a year (I think it is or there abouts).
    Put that into renewable energy development instead of more institutions with their own agendas wasting our money! What a total load of rubbish!
    3 trillion dollars a year to make an estimated 1 degrees difference over a century.
    Spend the money elsewhere!!!