Microsoft has joined the Climate Leadership Council, a group heavily criticized by activists. Among its founders are energy companies BP, ExxonMobil, and Shell, as well as General Motors. The company aligns with Microsoft's previous philosophy surrounding high carbon taxes, but it also seeks legal immunity from historic climate change damages. The CLC's individual founders include former secretaries of state James Baker and George Shultz, as well as renowned scientist Stephen Hawking. “Despite mounting risks from climate change and growing international calls for action, leading nations have yet to settle on a winning strategy capable of reducing greenhouse gas emissions at the necessary scale or speed,” reads the CLC's mission statement. “Economists agree that a carbon fee is the most effective means to lower emissions, but advocates lack a successful policy and political formula to advance carbon pricing.” Alongside a growing carbon tax, the Climate Leadership Council wants to “rollback…carbon regulations that are no longer necessary,” and “border carbon adjustments to level the playfield and promote American competitiveness”. The CLC wants to pay these carbon taxes back to citizens in the form of dividends. It believes this would help poorer Americans, which could, in turn, lead to the ability to manage their carbon emissions more effectively.
Microsoft Joins Controversial Climate Leadership Council alongside, Shell, ExxonMobil
The Climate Leadership Council plans to push for rising carbon taxes in replacement of other climate legislation while protecting its members from historic climate damage payments.