Vanguard: Endorse A National Price on Carbon
Tell Vanguard to endorse the bi-partisan Energy Innovation and Carbon Dividend Act. 
Climate change is detrimental to global economic prosperity. According to Citigroup, GDP lost to climate change may reach $44 T by 2060.  Poorer air quality will harm public health, extreme weather will damage infrastructure, and heat stress will decrease agricultural production. 
Since Vanguard owns stock in all parts of the economy, the long-term success of the world economy is crucial to Vanguard's financial performance. This means that Vanguard has an enormous stake in preventing climate change.
Economists and the Intergovernmental Panel on Climate Change agree that pricing carbon is a concrete and cost-effective way to slow climate change.  The Energy Innovation and Carbon Dividend Act has been introduced in both Houses of Congress, and will help bring climate change under control by enacting a carbon fee and dividend into law. In addition to reducing emissions by 40%, the bill is projected to create 2.1 million additional jobs over the next decade. 
Many of the companies you invest in have already expressed support for similar carbon fee and dividend proposals, including Gap Inc., General Motors, Schneider Electric, IKEA, and Unilever.
When explaining Vanguard's lack of leadership on climate change, Vanguard's Investment Stewardship Officer said that it "does not hear from many of its 20 million investors on governance."  It is time for us, Vanguard's investors, to let it know that we want it to reduce the risk of its portfolio by supporting climate action.
We ask Vanguard to endorse the Energy Innovation and Carbon Dividend Act  to help move the US towards cost-effective climate solutions.