Sarah Severn: "We believe that putting a significant price on carbon will move us more rapidly down the path of innovation because it will unleash capital that has been waiting on the sidelines, waiting a signal from Congress." [:11]
Severn said the US risks falling behind Europe and China in developing clean-tech industries. She was one of several representatives from Northwest businesses who spoke during a conference call [today] Thursday sponsored by the Seattle-based environmental group, Climate Solutions. Weyerhaeuser, REI and other companies cited the threats to their businesses from climate change and urged senators from Northwest states to pass the Kerry-Lieberman bill this year. The House of Representatives passed a similar bill last summer.