04 Apr '18, 10am

Why do automakers support climate rollbacks?

In a press release for its annual sustainability report, Ford Motor Company quoted Executive Chairman Bill Ford: "We know climate change is real and a critical threat, and we will continue to work with leaders around the world in support of ambitious global greenhouse gas reduction targets." Similarly, in an October 2016 press release, GM wrote , "The company believes there’s economic opportunity as well as a social imperative in lowering emissions and addressing climate change." Given their public positioning, one would think that Ford and GM would be among the first to defend the one key climate action available to automakers: fuel efficiency standards. Not so fast. This week, the Trump administration rejected Corporate Average Fuel Efficiency, or CAFE, standards adopted by the Obama administration. In doing so, the administration had the full support of Ford, as well as...

Full article: https://www.greenbiz.com/article/why-do-automakers-suppor...

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