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Biden Hears 310 Companies Urge Speed on Climate: ‘Raise the Bar’

  • Corporations say future of U.S. economy threatened by warming
  • Apple, Walmart, Microsoft, McDonald’s urge aggressive target
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Photographer: Patrick Kovarik/AFP/Getty Images

Microsoft Corp., Walmart Inc., Apple Inc. and hundreds of other companies are asking President Joe Biden to update the U.S. pledge under the Paris climate accord to cut U.S. greenhouse gas emissions by at least 50%, arguing that the future of the economy is at stake if climate change isn’t adequately addressed.

The letter to Biden was signed by 310 companies and comes as the administration prepares a new target to show the rest of the world that the U.S. is serious about confronting climate change after four years of inaction by Donald Trump. People familiar with the deliberations said last week that the White House was considering a target of 50% or higher reductions by 2030 relative to 2005 levels.