U.S. companies pledge financial, political support for U.N. climate deal


reuters.com| Published Sun Jul 26, 2015

By Valerie Volcovici

Thirteen big name American companies on Monday were to announce $140 billion in low-carbon investments to lend support to a global climate change deal in Paris in December, the White House said.

Companies including General Motors (GM.N), Bank of America (BAC.N), Microsoft (MSFT.O) and Coca Cola (KO.N), were to join U.S. Secretary of State John Kerry at the White House to launch the American Business Act on Climate Pledge to support the administration as it tries to secure a climate agreement.

Under the pledge, the companies announced measures they would take internally to reduce their own greenhouse gas emissions and deploy more clean energy… read more>


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