Hi John,

This week, US corporations sent a clear message: After enduring four years of climate inaction from the executive branch, they’re eager to work with the incoming Biden Administration on policies that are good for the climate and for their businesses. More than 40 large US companies are urging President-elect Biden and the incoming Congress to cooperate on lasting and bipartisan climate action. Even ahead of Joe Biden and Kamala Harris’s inauguration, companies are reassessing and improving, for instance, their relationship with unions. Expect more of the same in the coming months.  
 
Welcome to Friday! We’re equipping you with a useful factsheet of quotes and simple figures on carbon capture, use, and storage (CCUS) and inviting you to a December 10 panel discussion on just how to build back better with climate in mind. 

The Scientific Case for Carbon Capture

A global consensus is growing around the importance of carbon capture technologies to hitting net-zero by 2050. Don’t take our word for it: Authorities from the International Energy Agency (IEA) to the National Academies of Science Engineering and Medicine (NASEM) have extensively modeled the role CCUS can play to limit global warming to 1.5° to 2°C. 
 
“Reaching net zero will be virtually impossible without CCUS.” - IEA
 
“Studies have shown the importance of CCS for deep mitigation pathways...based on its multiple roles to limit fossil-fuel emissions in electricity generation, liquids production, and industry applications along with the projected ability to remove CO2 from the atmosphere when combined with bioenergy.” - IPCC
 
Find all of this and more in our new CCUS factsheet, out today.

You’re Invited! Building Back Better—Climate Edition

A responsible economic recovery from the COVID-19 recession must feature climate action if we’re going to increase our resilience to future climate shocks. But what are the Biden Administration’s options, and what climate policies can pass through what could remain a GOP-controlled Senate?
 
Join Third Way and Climate Advisers on December 10 at 9:00 AM ET for a discussion on these issues, featuring: 

• Amy Harder – Energy and Climate Change Reporter at Axios
• Josh Freed – Senior Vice President of Third Way’s Climate and Energy Program
• Nigel Purvis – CEO, Climate Advisers
• Kate Gordon – Director, Governor of California's Office of Planning and Research

REGISTER: Building Back Better: Potential Policies for COVID Recovery & Climate Action
 
Also, make sure to listen to our latest episode of "Relief, Rescue, Rebuild" with Political Climate, where Josh Freed of Third Way’s Climate and Energy Program and Norfolk, VA Councilwoman Andria McClellan talk about why the United States needs to develop a climate-resilient economy as it recovers from the pandemic.
 
LISTEN: Why America Needs a Climate-Resilient Recovery