Ceres: Weakened federal fuel economy standards will drive up costs for American businesses and consumers

The National Highway Traffic Safety Administration’s move today to revise federal fuel economy standards will jeopardize investments in domestic auto manufacturing, disrupt efforts to onshore critical mineral and battery supply chains, and increase costs for American businesses and consumers.   “Rolling back federal fuel economy standards will raise transportation costs for businesses and consumers, deepening the affordability crisis already felt across the country,” said Zach Friedman, senior director for federal policy, at Ceres. “Strong standards do more than save money at the pump — they are a key driver of private…

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Ceres CEO and President Mindy Lubber testifies on Beacon Hill to support the creation of a climate bank in Massachusetts

Ceres CEO and President Mindy Lubber testified last week in support of proposed legislation to create a climate bank designed to foster financial innovation to invest in climate mitigation and resilience projects and accelerate the deployment of clean energy projects across the Commonwealth. Lubber urged members of the Massachusetts Legislature’s Joint Committee on Financial Services, in both written and oral comments, to advance the legislation, known as the Act Creating a Climate Bank in Massachusetts (H.3937 / S.786).  “Private capital is one of the last largely untapped financial resources in…

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New Ceres’ report analyzes corporate progress on deforestation risks

Ceres recently released a report that finds that dozens of companies in the most at-risk sectors are not taking key steps to end deforestation and conversion in their supply chains – but a few major companies are demonstrating that achieving this goal is possible.  While considerable action is needed to protect forests and other natural ecosystems, Ceres’ report, Corporate Progress on Deforestation Risk: Analysis for Investors, provides a detailed assessment of corporate progress and highlights business practices that effectively address deforestation risks. The report also identifies jurisdictional or landscape initiatives…

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Ceres applauds launch of Tropical Forest Forever Facility, urges more government and private sector support

Ceres welcomes the announcement of the Tropical Forest Forever Facility (TFFF) – a historic global public-private financing mechanism to safeguard the most critical tropical ecosystems – which was officially launched during the COP30 Leader’s Summit. The TFFF Launch Declaration received endorsements from 53 countries, and $5.5 billion in investment commitments have been made to the fund.   “The launch of the Tropical Forest Forever Facility is an encouraging sign that global financial flows are beginning to shift toward conserving essential natural ecosystems that businesses depend on,” said Meryl Richards, program…

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Ceres underscores importance of Greenhouse Gas Reporting Program to U.S. economic leadership in EPA comment

Ceres urged the U.S. Environmental Protection Agency recently to protect the Greenhouse Gas Reporting Program, highlighting its importance in providing the data investors and companies need to drive innovation, maintain U.S. economic leadership, and lower costs across the economy.  The Greenhouse Gas Reporting Program (GHGRP) is the only standardized, facility-level greenhouse gas dataset in the U.S. It covers thousands of facilities across all major sectors and provides critical market infrastructure that investors, companies, and policymakers depend on to invest in American infrastructure, manufacturing, and exports.  In a comment submitted to…

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