More than 125 small and mainstream businesses, cleantech companies and business associations have issued a letter urging the California Air Resources Board (ARB) to adopt a proposed emissions-trading program, also known as cap and trade.
‘We encourage ARB to adopt the proposed market system that levels the playing field between dirty and clean energy, provides business owners with new opportunities to grow their businesses, and spurs the transition to a low-carbon economy,’ the letter states. ‘Reducing carbon and increasing efficiency improves the bottom line for our state and for our businesses giving us a competitive advantage and protecting us from volatile fossil-fuel spikes and economic price shocks.’
The business leaders who signed the letter support adoption of the market-based emissions-trading program as a mechanism to stimulate innovation and efficiency and to help position the state as a global leader on advancing clean energy technologies.
The letter was signed by businesses from all geographic regions of the state, including owners of print shops, restaurants, construction firms, and landscape companies; CEOs of and investors in solar and renewable companies; leaders of chambers of commerce and business associations; and more.
Business leaders, investors and, most recently, the electorate have shown strong support for the adoption of effective standards by ARB to implement the state's clean energy law (A.B.32) to create jobs, improve air quality, grow clean energy resources and save consumers and businesses money, according to the California Business Alliance for a Green Economy.