Companies on Climate: Trump or No, Still Cutting Emissions

[mahatmakanejeeves]

Executive summary: no one in a position of responsibility is reckless enough to believe Jump, darn dolt. To do so is to risk disaster.

Companies on Climate: Trump or No, Still Cutting Emissions

Scott Pruitt’s appointment to lead EPA doesn’t change corporate strategies

By Bradley Olson and Cassandra Sweet

https://twitter.com/bradnews

[e-mail]
http://twitter.com/CassandraSweet

Updated Dec. 8, 2016 3:26 p.m. ET

Many big corporations continue to support efforts to reduce carbon emissions, vowing to stay the course despite the election of Donald Trump, who has promised to dismantle the Obama administration’s climate agenda and this week chose a global-warming skeptic to lead the U.S. Environmental Protection Agency. ... From Houston to Silicon Valley, executives in the oil, power, retail, transportation and technology industries said their companies were locked into a lower-emissions trajectory driven in part by market forces, such as cheaper prices for natural gas and wind power.
....

While many companies shared their positions with The Wall Street Journal on climate regulations before Mr. Pruitt’s selection, several reached again afterward, including Wal-Mart Stores Inc. and Google parent Alphabet Inc., said their stance remained unchanged.
....

While the question of how and whether to respond to warming global temperatures continues to be debated in politics, especially among Republicans, many big corporations appear to see the transition to less carbon-intensive energy as a foregone conclusion—and ultimately good for business. Companies world-wide committed a record $285 billion to clean energy projects in 2015, according to a study by the Frankfurt School of Finance and Management.

Days after the Nov. 8 U.S. election, Exxon Mobil Corp. signaled its continued support for the Paris climate deal. Suzanne McCarron, Exxon’s vice president of public and government affairs, said on Twitter that the agreement was “an important step forward by governments in addressing the serious risks of #ClimateChange.”

[Jean-Jacques Roussea]

1. I saw an Exxonmobil commercial last night that talked about cutting admissions

Yet their ceo is going to be secretary of state of a science-denying administration. Hmm.