LARGE US ENTERPRISES BET ON ENVIRONMENTAL INITIATIVES OF THE PARIS AGREEMENT DESPITE TRUMP POLICIES

The report "Power Forward 3.0" promoted by the environmental organization WWF, along with other groups, indicates that the 500 largest companies in the United States have decided to meet the objectives set in the Paris Agreement to achieve greater efficiency and fight climate change. Large corporations continue their efforts to reduce environmental damage, despite Donald Trump's attitude toward climate change and his abandonment of the pact. The US President has suppressed the Climate Action Plan, jeopardizing compliance with the commitments made in the Paris Agreement and has ensured that his priority mission is economic growth and that he has no obligation to regulate emissions of polluting plants.

Data indicate that almost half of the companies analyzed avoided the emission of more than 155 million metric tons of carbon dioxide into the atmosphere during the year 2016. The companies opted for clean energy, which represents in addition savings of 3 700 million dollars per year.

Almost half of the Fortune 500 companies in 2016 set the goal of reducing greenhouse gas emissions, increasing renewable energy sources and improving energy efficiency, that’s 5% more than in the previous report. The study also notes that more than 50% of the 100 largest companies aspired to become cleaner, while the smaller 100 of the rankings also experienced a marked improvement.

Data are positive and highlight the environmental commitment of the companies. However, it should not be forgotten that "the objectives of renewable energy and efficiency remain critical". The report "Power Forward 3.0" underlines the importance of setting new targets and fulfilling them.

Check out the "Power Forward 3.0"

Source: EFE

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