The new alliance between Big Business and the Democrat Party has found another piece of common ground: Climate change.
Leaders at some of the country’s biggest corporations are eager to work with Joe Biden to tackle what they believe to be a coming man-made climate crisis. Companies such as Microsoft Corp., General Motors, Danone S.A., and Gap Inc. are spending millions of dollars on renewable energy.
An article at Politico relates that many of these executives were disappointed in President Trump, when he pulled the United States out of the Paris Climate Agreement in 2017.
“Now, those business leaders have aligned with President Joe Biden, a Democrat, to push Congress to do its part. Executives who stepped into the vacuum left by government four years ago say they need standardized corporate risk disclosure, a modernized grid, carbon pricing, and money for technology,” Politico writes, going on to quote HP CEO Enrique Lores as saying:
“We can’t do it alone. There is a limit to how far private industry can take this.”
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These companies believe that if 80 percent of the biggest corporate emitters meet their emission-reduction targets, they could reduce global emissions by more than eight billion metric tons, or about 25 percent.
Even the Chamber of Commerce looks to be on board with the green agenda. In 2019, the powerful lobbying group ceded to pressure from members to get along with the climate-change program. Last week, it endorsed Biden’s Paris Pledge.
“We welcome President Biden’s focus on returning the U.S. to international leadership on climate change,” the Chamber said in a statement. “U.S. businesses are leading the world in pursuit of climate change solutions, and we see great opportunities to develop and export technologies that will help address a truly global challenge.”
Hugh Welsh, president of nutrition giant DSM North America, said he would wait and see whether the Chamber of Commerce ultimately fully commits to the program.
“We’ll have to wait and see when the first big climate bills come up, whether the chamber actively promotes them or lobbies against them,” Welsh said. “I’m going to give them the benefit of the doubt for the time being.”
Biden and Democrats have also been working closely with Corporate America in opposing election integrity.
Major companies recently condemned efforts by Georgia and other states to make their election processes more secure, suggesting Republican lawmakers are simply reacting poorly to Biden’s defeat of Donald Trump in the 2020 presidential election.
In fact, hundreds of corporations signed a letter denouncing legislation that restricts “any eligible voter from having an equal and fair opportunity to cast a ballot.”
The signatories of the letter include General Motors, Netflix, Starbucks, Amazon, BlackRock, Google, and Berkshire Hathaway CEO Warren Buffett.
The New York Times reports that these firms are working with the Brennan Center for Justice, which is heavily funded by billionaire George Soros.
In 2019, the Brennan Center for Justice took money not only from Soros’s Open Society Foundations but also the Ford Foundation; Bank of America; the Tides Foundation; Paul, Weiss, Rifkind, Wharton & Garrison LLP; PayPal; JPMorgan Chase; Microsoft; PepsiCo; and Comcast NBCUniversal.
The GOP has traditionally been considered to be the party of Big Business, but this dynamic has changed, as Republican voters feel ever more disenchanted with the companies using their power to assault conservative principles.
The COVID-19 outbreak has also exacerbated the break between the conservative base and the business community. Many of the biggest companies have made it a point to require face masks on their premises even when local governments do not have mandates. Spirit Airlines famously kicked off a family because their two-year-old child was not wearing a mask.
Even Politico noted that Republicans are souring on the corporate community, asking in an article whether we are seeing the “beginnings of a seismic shift.”
It’s not surprising that many of these companies are fighting for socialist policies. Many of them are intimately connected to Communist China.
A media outlet known as Project Syndicate, which has been the recipient of funding and written contributions from George Soros, Bill Gates, the UN, and Google is involved in “media partnership” deals with various Chinese state-run media outlets.
If these companies continue to act against the interests of the American people, then they shouldn’t be surprised when the people decide to take their money elsewhere.
