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76 major companies are in D.C. today asking Congress for a price on carbon

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Businesses want a price on carbon. That’s the message from 76 major companies–from PepsiCo and Johnson & Johnson to Nike and Levi Strauss, together representing more than $2.5 trillion in market valuation–that are in D.C. today to talk to policymakers.

“Climate is clearly the biggest issue that we have in front of us,” says Joey Bergstein, CEO of Seventh Generation, one of the companies involved. The company already has its own internal price on carbon, and is known for its focus on sustainability. But it’s being joined in its call for new federal policy by companies that may be less expected, like Royal Dutch Shell.

“The one thing that’s going to help business better respond to climate........

© Fast Company