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Big Oil and Other Industries Shift Gears on Climate Change
Major American companies are changing their strategies on global warming. We hear about the political consequences of their willingness to a pay tax on carbon emissions.
By Warren Olney • • 52m ListenMajor American companies are changing their strategies when it comes to global warming. We hear about the political consequences of Exxon Mobil and others now being willing to pay tax on carbon emissions, amid growing concern about the urgency of preparing for climate change. Also, Nelson Mandela's life is honored in a Soweto stadium, and GM chooses the first woman to lead an American auto-maker.
Banner image: Exhibition game at Nationals Park, Washington, DC. Photo: afagen
In this episode
3 storiesMandela's Life Honored in Soweto Stadium
Nelson Mandela, who died last week at age 95, was memorialized by a massive crowd today in Soweto, South Africa. President Obama, one of many heads of state who took part in today's four-hour service, received a long ovation from tens of thousands crowded into an open stadium in pouring rain. Sudarsan Raghavan was there for the Washington Post .
Read the story8 minBig Oil and Other Industries Shift Gears on Climate Change
Four years ago, the fossil-fuel lobby helped to beat back President Obama's proposed cap-and-trade system to reduce greenhouse emissions. Exxon Mobil, America's most profitable company, led the way in global warming denial. Times have changed and Exxon Mobil is beginning to sound more like Al Gore.
Read the story35 minGM Chooses the First Woman to Lead an Auto Company
Earlier this week, the US government sold its last shares of General Motors. Today, the company named the first female to head a major American car company. Earlier this year, GM's chairman and CEO, Dan Akerson, told a women's business group in Detroit that what he called a "car gal" would soon head one of the Big Three.
Read the story8 min
