Friends Fiduciary joined with 365 other companies and investors from all 50 states in an unprecedented show of support for the Clean Power Plan. The group delivered letters to U.S. governors encouraging them to finalize implementation plans epato meet the new standards. The letters point out that flexibility in the Clean Power Plan allows states to customize their own energy portfolio, expand clean energy solutions, attract new industries to the state, and create thousands of jobs. A 2014 study, by the World Wildlife Fund and others, revealed that 60 percent of Fortune100 companies have set their own clean energy targets and have saved more than $1 billion a year in the process. Additionally, the Center for American Progress issued a recent report stating, “With the right mix of policies, countries and localities can reduce their carbon pollution while improving their economies…The time is ripe for the United States to take action as a world leader to reduce carbon emissions—and avoid the incredible risks of failing to do so.” The Clean Power Plan, recently finalized by the Environmental Protection Agency (EPA), provides standards to reduce carbon pollution from the power sector by 32% of 2005 levels by 2030. Power plants account for approximately 33 percent of greenhouse gas emissions in the U.S. The EPA states this plan will lead to public health and climate benefits worth an estimated $55 billion to $93 billion in 2030. FFC is concerned about the short-term and long-term effects of climate change, and therefore, supports this plan as an important step in the fight against climate change in the U.S. We hope our actions send a clear message to state leaders and they respond quickly with decisive steps in support of clean power to develop low-carbon economies across the U.S. Letters to state governors: CPP Governor Letter – PA CPP Governor Letter – OH CPP Governor Letter – NY CPP Governor Letter – CA