Give GM Credit for Joining the Green Team
Detroit Free Press
May 10, 2007
General Motors took an amazing step this week by joining a coalition working toward a long-term reduction in greenhouse gas emissions. It's the first sign, and an encouraging one, that auto industry leaders have begun to understand they have to be at the table now as the policy debate is heating up.
There's arguably some self-interest, too, in being on hand to perhaps influence how the rules are set. That's especially true if a cap-and-trade system for greenhouse gases turns into an arm-wrestling match between major economic sectors, such as the auto industry and coal-burning utilities. But for Detroit, being engaged in at least one forum surely is preferable to out-and-out resistance. Ford and Chrysler have the matter under consideration as well.