Reducing Carbon Emissions
Business Roundtable CEOs are leaders in a range of market-driven approaches to advancing a clean energy and lower-carbon economy transition. Corporations are switching to cleaner and renewable fuels, improving vehicle fuel efficiency, and investing in low-emitting vehicles, as well as break-through emission reduction technologies. Additionally, U.S. businesses are committing to long-term greenhouse gas reduction goals and deploying comprehensive strategies to optimize energy usage.
In recent years, the boom in U.S. natural gas production has been a primary driver of emissions reductions – particularly in the electric utility sector. Additionally, this relatively recent abundance has given rise to additional research and development in technologies to utilize natural gas for transportation, integration with renewable generation, and industrial applications that will continue to contribute to further emission reductions throughout the economy.
In fact, U.S. businesses are going beyond operational targets and taking sustainable lifecycle approaches to green supply chains by engaging suppliers to optimize and reduce the carbon and environmental footprint of sourced materials, products, and services.
Corporate research and investment in alternative and low-carbon fuels, such as advanced biofuels, is also enabling rapid market growth in technologies that help reduce emissions and improve efficiencies.
Businesses have shown that environmental sustainability and U.S. economic growth can be achieved together. These collective contributions are resulting in emission reductions across all sectors of the economy, while companies are innovating toward a lower-carbon future.