Corporations

"We know enough now - or, society knows enough now - that the risk is serious and action should be taken."

Exxon Vice President for Public Affairs Kenneth Cohen

In an interview reported in the Wall Street Journal today, Kenneth Cohen began to shift Exxon's corporate positioning on climate change, accepting the reliability of the science and announcing that Exxon has stopped funding climate change deniers like the Competitive Enterprise Institute (CEI).

Update: GM issued this statment in reaction to the BBC story referred to below. 

With comments like this on global warming from Chrysler's chief economist Van Jolissaint, it's no wonder Chrysler continues it's steady slide in profits. According to a BBC report out this morning, Jolissaint went on a global warming screed during a private breakfast...

Power companies are mounting new plans for coal-fired plants despite growing public and political opposition to greenhouse-gas emissions. This comes amid expectations those emissions eventually will be subject to federal restrictions, especially after the recent Democratic congressional sweep. Even some industry officials are cautiously jumping on side. Are coal's days numbered?