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Automakers Lay Out Plans to Eliminate Gas-Powered Vehicles


Automakers Lay Out Plans to Eliminate Gas-Powered Vehicles
NATIONAL REPORT Automobile manufacturers are making plans to shift away from traditional gas vehicles and toward electric vehicles (EVs) and plug-in vehicles. In recent weeks, Ford Motor Co. and General Motors both announced new goals and timetables for such changes.
Ford announced on Feb. 17 that its European division will begin phasing out fossil fuel-powered vehicles with the goals of offering only electric and plug-in hybrid models by 2026 and all battery-powered passenger cars by 2030, reported the
New York Times. The company cited the European Union s (EU) strict emissions standards as a motivating factor. ....

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General Motors (GM) Q4 2020 Earnings Call Transcript


Operator
Ladies and gentlemen, welcome to the General Motors Company fourth-quarter 2020 earnings conference call. [Operator instructions]. As a reminder, this conference call is being recorded, Wednesday, February 10, 2021. I would now like to turn the conference over to Rocky Gupta, treasurer and vice president of investor relations.
Rocky Gupta
Treasurer and Vice President of Investor Relations
Thanks, Tabitha. Good morning, and thank you for joining us as we review GM s financial results for the fourth-quarter and calendar-year 2020. Our press results were issued this morning and the conference call materials are available on GM Investor Relations website. We re also broadcasting this call via webcast. ....

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Complacency on climate change is 'the larger gamble' for corporations


The Globe and Mail
Jameson Berkow
Published February 11, 2021
Richard Vogel/The Associated Press
Plans to combat climate change are quickly evolving from nice-to-have to necessary for survival in the corporate world.
Pledges to go carbon-neutral, once billed as bold acts of environmental leadership, are now key to maintaining a competitive edge across many sectors.
“We have entered a phase where staying with the status quo is now the larger gamble,” says Matthew Hoffman, a political-science professor at the University of Toronto and co-director of its Environmental Governance Lab.
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“The entire business environment is now climate-constrained. There are enough trend lines in terms of market signals, policy signals and social signals that we should be seeing more announcements” around net-zero emission. ....

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