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Corporations Sponsoring Annual Ceres Conference Push Environmental Agenda that ‘Enables Cronyism’

Today, liberal environmental activists, buoyed by corporate sponsors, kicked off the annual Ceres Conference in Boston, Massachusetts.

Ceres, and its business coalition known as BICEP, is a liberal environmental organization that has a history of advocating for policies such as cap-and-trade. 2nd Vote has shown in the past how companies like Citigroup have coordinated with Ceres and stand to profit from the implementation of many of these policy goals.

Not surprisingly, the agenda at this year’s Ceres Conference hints as to why big corporations help fund this environmental policy advocacy. Many of the sessions listed appear to focus on preparing businesses to make investments based on the restrictive policies promoted by Ceres.

The Heritage Foundation recently published a study discrediting the justification for many of these policy decisions and declared, “Beyond the waste and misallocation of taxpayer dollars, these policies enable cronyism, favoring elites and undermining the fairness of our economic system.”

Conservatives and those who understand the economic impact of the regulations promoted by groups like Ceres should stay informed as to the companies that are supporting this type of advocacy. According to Heritage, many of these policies “will only kill jobs and cut income, all without having any meaningful impact on global temperatures”.

Ceres has listed the corporations that are helping fund this year’s conference:

Clean Trillion Sponsor
Bank of America

Welcome Reception Sponsor
Citi

Network Reception Sponsor
Pacific Gas and Electric Company

Lead Sponsor
Bloomberg
JPMorgan Chase & Co.
Prudential
Wells Fargo

Leadership Circle
Addison
Baxter
Brown-Forman
Disney
Ford
General Motors
PepsiCo

Bavaria Award Sponsor
Trillium Asset Management

Supporting Sponsor
Credit360
General Mills
Legg Mason
Morgan Stanley
MSCI
Nasdaq
RobecoSam

Carbon Offset Sponsor
Carbonfund.org

Many of these companies have a record of liberal environmental advocacy which can be seen by clicking the links to their scorepages.

According to Heritage, many of the policies promoted by environmental activists such as carbon taxes “will only kill jobs and cut income, all without having any meaningful impact on global temperatures”. Therefore, consumers should be critical of the corporate effort to fund such advocacy and subsequently derive investment strategies to profit from the implementation of those policy goals.