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Businesses Say Trump’s Paris Decision is Anti-Business

For Immediate Release: 
May 31, 2017

“Even U.S. presidents cannot turn back the clock on history. Today’s business opportunities are in anticipating and adapting quickly to a low-carbon economy.”

Contact Info
Bob Keener
ASBC
617-610-6766

WASHINGTON, D.C—The American Sustainable Business Council (ASBC), which has a national network of members representing over 250,000 businesses, released a statement criticizing today’s expected announcement of the Trump Administration’s decision to back out of the Paris climate agreement.

“The value of Paris to businesses is the clear market signal that the future is in lower carbon, rather than a chaotic and unsustainable future of business disruptions from rising seas and changing weather patterns,” said David Levine, CEO and Co-founder of the American Sustainable Business Council. “Even U.S. presidents cannot turn back the clock on history. Today’s business opportunities are in anticipating and adapting quickly to a low-carbon economy. We support moving rapidly to put a market price on carbon as the best, most business-friendly solution to climate change.

“Thousands of companies, large and small, acknowledge the fundamental risk that climate change poses to their supply chains and financial viability. They are already taking action. It’s unfortunate that the Trump Administration arrogantly ignores the rapid pace of technological innovation occurring in our economy and continues to cleave to incumbent and traditional industries, such as fossil fuel. This view is basically anti-business and stifles competitiveness,” Levine said.

“The debate within the Administration over this decision shows that there is disagreement among senior advisors. That’s encouraging. However, the final decision reflects a profound misunderstanding of what creates long-term economic success and the fact that American companies will now face significant diplomatic backlash,” he said.

The American Sustainable Business Council advocates for policy change and informs business owners and the public about the need and opportunities for building a vibrant, sustainable economy. Through its national member network, it represents more than 250,000 business owners, executives and investors from a wide range of industries. www.asbcouncil.org