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Companies to Pledge $140 Billion in Efforts to Cut Carbon Emissions
The Wall Street Journal (online registration required): WASHINGTON—More than a dozen U.S. companies on Monday will pledge to invest more than $140 billion in efforts to cut carbon emissions as part of a new Obama administration initiative leading up to the United Nations climate-change summit later this year.
Bank of America Corp., General Motors Co., Cargill Inc. and Alcoa Inc. are among the companies set to sign onto a pledge to address climate change at a White House event Monday with Secretary of State John Kerry and White House adviser Brian Deese.
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