Climate & Energy

Collaborating With Businesses To Create Major Climate & Energy Impacts

Why It Matters

We know how climate change is impacting our businesses across the nation, from LA to North Carolina, and beyond. Contrary to claims that climate action stifles business, real-world experience proves the opposite. Bold, forward-thinking policies will build a resilient future that benefits people, the planet, and businesses alike.

Ambitious climate action is the key to freeing American ingenuity, creating millions of meaningful jobs, and creating a stable future for people and businesses alike, that’s why legislation like the Inflation Reduction Act has proven to receive bipartisan support from both historically red and blue states.

Extreme weather events are becoming more frequent. The science is clear: man-made climate change is an urgent reality that demands immediate action.

American Business: Leading the Way to a Climate Resilient Future

As America builds its economy for the future, we have a unique opportunity, despite what’s happening in Washington, to put climate resiliency and low-carbon energy at its center. By replacing fossil fuels with clean energy investments—such as expanding wind and solar capacity, modernizing state and local power grids, and scaling up battery storage—we can accelerate the transition to a more sustainable economy. Weatherization programs and energy efficiency measures, from upgrading buildings to electrifying transportation, will reduce emissions and lower costs for communities. However, this progress faces real threats, including policy rollbacks, climate denialism and the fossil fuel industry’s infiltration of government, supply chain disruptions, and workforce shortages.

Business leaders can play a key role in protecting past clean energy investments and advocating for policies that sustain and expand them. From championing domestic manufacturing of renewable technologies to pushing for regulatory stability and infrastructure upgrades, companies can lead the charge, and ASBN can provide the guidance and resources to be effective. The U.S. must seize this moment to cement its leadership in the global clean energy economy, ensuring that innovation, economic growth, and climate resilience go hand in hand. The business case for climate resilience is clear and we will continue to champion it even amidst backlash and rollbacks.

Collaborating With Businesses To Create Major Climate & Energy Impacts

Guiding principals for this work

As a community, we’ve agreed upon the following six essential principles to guide our work: 

  1. Account for historic injustices. The transition to a carbon-free economy should be leveraged to address existing issues of inequality, protect vulnerable communities, and build a fairer economic system.
  2. Ground our work in science. Emission reduction targets should be based on facts and evidence, not guesswork and desire. Both business and government strategies must be transparent, verifiable, and dedicated to zero emissions through direct carbon pollution reductions.
  3. End fossil fuel investments. Tax breaks, subsidies, and other support for fossil fuel infrastructure and exploration harm communities and the disadvantaged, reduce stakeholder value, and damage sustainable natural resources and environment. They have no place in a sustainable future.
  4. Invest in communities experiencing the greatest climate effects and fossil fuel impacts. Funding, infrastructure improvements, and other elements should target vulnerable people and places as well as those harmed by the fossil fuel industry. These investments should support rapid decarbonization, permanent carbon sequestration, polluter fees, community transitions, and economic diversification.
  5. Promote the swift transition of our electricity sector to favor renewables, drive energy efficiency, and support the electrification of the overall economy from buildings to transportation.
  6. Reinvent our financial system, including banking, insurance, and their regulatory bodies. Both climate risks and action opportunities should be accounted for in rules and transactions, and the system itself should be incentivized to adopt sustainable practices and paradigms.
  7.  

Active Initiatives​

Inflation Reduction Act

2022’s landmark Inflation Reduction Act (IRA), the largest federal clean energy investment in American history. The IRA makes historic investments in clean energy and climate protection while creating jobs, lowering the cost of living, cleaning up legacy pollution, and slashing new pollution by 40% by 2030. Though the bill doesn’t get the nation all the way to America’s commitment to cutting climate pollution by half by 2030, the progress it creates puts that target within relatively easy reach. It is critical for businesses to continue advocating for the full implementation, defense, and expansion of the IRA programs to support the clean energy transition.

Clean Air Advocacy

ASBN is leading the charge for stronger clean air protections, ensuring environmental responsibility drives economic growth. Through the Solutions for Pollution initiative, we urge the White House to implement federal protections that cut pollution by 50% by 2030, advance environmental justice, and accelerate the clean energy transition. Our Pollution Reduction advocacy includes business case studies on methane reduction and carbon labeling, demonstrating how smart regulations create jobs, foster innovation, and unlock long-term value. By testifying before Congress and shaping policy, we prove that clean air and economic prosperity go hand in hand.

Inflation Reduction Act

2022’s landmark Inflation Reduction Act (IRA), the largest federal clean energy investment in American history. The IRA makes historic investments in clean energy and climate protection while creating jobs, lowering the cost of living, cleaning up legacy pollution, and slashing new pollution by 40% by 2030. Though the bill doesn’t get the nation all the way to America’s commitment to cutting climate pollution by half by 2030, the progress it creates puts that target within relatively easy reach. It is critical for businesses to continue advocating for the full implementation, defense, and expansion of the IRA programs to support the clean energy transition.

Clean Air Advocacy

ASBN is leading the charge for stronger clean air protections, ensuring environmental responsibility drives economic growth. Through the Solutions for Pollution initiative, we urge the White House to implement federal protections that cut pollution by 50% by 2030, advance environmental justice, and accelerate the clean energy transition. Our Pollution Reduction advocacy includes business case studies on methane reduction and carbon labeling, demonstrating how smart regulations create jobs, foster innovation, and unlock long-term value. By testifying before Congress and shaping policy, we prove that clean air and economic prosperity go hand in hand.

Historic Impact

2024

ASBN brought a delegation of members to COP29 in Baku, Azerbaijan to represent private sector progress in clean energy Read more in these blog posts:

COP29 Begins: Business at the Forefront of the International Climate Negotiation

Critical Remaining Moments at COP29

Topic Expert

Michael Green, Senior Advisor on Climate & Energy, is available for speaking engagements and presentations on related topics.

Senior Advisor on Climate & Energy

Michael Green

Join ASBN​​

Join ASBN and be part of a powerful network of businesses using their voice to shape policies for a just and regenerative economy. Together, we drive bold solutions that put people and the planet first—because better business creates a better world.

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