Quote:
Originally Posted by Iron Lung Jimmy
Good info and thanks, as always, for taking the time to provide it.
One small quibble, though, is that the Paris Accord is really just de facto government regulation. Maybe not every country, but enough countries to make a difference in GM's global strategy. So GM's decision to follow it is, I strongly suspect, weighed far more to the side of survival than it is to any kind of altruism.
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The heart of the Paris Accord is that governments and industry that join in the Accord all recognize that greenhouse gases are a major cause of climate change. Information presented to and accepted by The Accord identifies the degree of impact multiple industrial sources of GHG contribute to the crisis and set targets at an industry level for reduction of GHG. Transportation is the largest industrial contributor. Transportation includes everything from the manufacture of automobiles to the exhaust of automobiles, ocean liners, tankers, airplanes, etc. GM’s acceptance of the Paris Accord is voluntary and not regulated by any governmental entity. GM has set the target of being carbon neutral by 2050. If they miss, nobody is going to fine them. Nobody is going to prison. Nobody is going to get sanctioned. Most major automakers abide by the findings of the Paris Accord. It’s only called the Paris Accord because that’s were the defining meetings were held.
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2017 CAMARO FIFTY SS CONVERTIBLE
A8
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