Political Quotes

“We heard a similar appeal from America's largest financial powerhouses last week. Bank of America, Citi, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo released a strong call for governments to come together on a climate agreement. Here is what they wrote: Policy frameworks that recognize the costs of carbon are among the many important instruments needed to provide greater market certainty, accelerate investment, drive innovation in low carbon energy, and create jobs. . . . While we may compete in the marketplace, we are aligned on the importance of policies to address the climate challenge. Mr. President, I ask unanimous consent that their statement also be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: In support of Prosperity and Growth: Financial Sector Statement on Climate Change Scientific research finds that an increasing concentration of greenhouse gases in our atmosphere is warming the planet, posing significant risks to the prosperity and growth of the global economy. As major financial institutions, working with clients and customers around the globe, we have the business opportunity to build a more sustainable, low-carbon economy and the ability to help manage and mitigate these climate- related risks. Our institutions are committing significant resources toward financing climate solutions. These actions alone, however, are not sufficient to meet global climate challenges.…”