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DaimlerChrysler, Ford Change Lanes

In: How I Saw It Analysis and Commentary on Environmental Finance (1999–2005)

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  • Richard L. Sandor

Abstract

Bolstering a trend that would have been unbelievable in the pre-Kyoto era, both Ford and DaimlerChrysler have recently announced their decision to leave the Global Climate Coalition. This coalition is a group of companies that believes that the science of global warmingis uncertain and opposes international agreements to reduce emissions of greenhouse gases (GHGs). Ford, one of the largest and most powerful multinational corporations, became the first American car maker to announce its controversial departure (see Chapter 4 “Seeing the Wood for the Trees”, December 1999/January 2000). This followed the earlier departure of a group of other large companies including American Electric Power, Dow Chemical, and Royal Dutch/Shell…

Suggested Citation

  • Richard L. Sandor, 2017. "DaimlerChrysler, Ford Change Lanes," World Scientific Book Chapters, in: How I Saw It Analysis and Commentary on Environmental Finance (1999–2005), chapter 6, pages 16-18, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789813202658_0006
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    Keywords

    Environment; Emissions; Trading; Finance; Derivatives; Water; Energy; Carbon; Catastrophe; Weather; Sustainability; Fisheries; Greenhouse Gases; Sulfur Dioxide; Acid Rain;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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