80 U.S. CEOs urge President Obama to push climate legislation

In a letter to President Obama and members of Congress, the chief executives of about 80 U.S. companies urged members of the government to pass comprehensive climate change legislation before the U.S. falls further behind the rest of the world in the race to develop clean technologies.

"We need strong policies and clear market signals that support the transition to a low-carbon economy and reward companies that innovate," the letter said. "It is time for the administration and Congress to embrace this policy as the promising economic opportunity that will empower American workers to compete and American entrepreneurship to lead the way."

The CEOs, which include the chief executives at Ebay and Virgin America, argue in the letter that climate legislation will drive innovation, improve unemployment rates, and increase U.S. companies' competitiveness against foreign competition.

For more information and to read the letter, check out this story from Business Green.