Oh, that global warming


Having evidently decided that recent events like the North Pole’s melting like a popsicle on a summer day may, in fact, offer money-making opportunities, a growing number of oil and auto companies appear to be significantly — if quietly — changing their attitude towards global warming, GRIST MAGAZINE reports.

Recent Must Reads

10/3 – Apartheid cops’ change of heart

9/30 – Clausen vs. the Green Meanies

9/29 – Watergate hero gets no respect

9/28 – The undiscovered dinos

Shell, BP, Mazda, Ford, and Daimler-Chrysler — companies not exactly known as eco-warriors — have invested well over a combined $1 billion in fuel-cell cars and renewable technologies. Concurrently, the Global Climate Coalition — the main industry group opposing action on global warming — has seen its membership dissipate since December, when a slew of major oil and auto companies started defecting from the group. (Exxon/Mobil is the lone remaining giant.)

A telling example of the large-scale attitude shift occurred at a recent economic forum, where CEOs of the world’s 1,000 largest corporations helped vote on the most threatening scenarios facing trade and globalization. The participants rejected all choices they were given and voted climate change as the most significant. To be sure, the companies are still as financially motivated as ever. BP estimates it will haul in $1 billion a year in solar commerce.

THANK YOU.

We recently wrapped up the crowdfunding campaign for our ambitious Mother Jones Corruption Project, and it was a smashing success. About 10,364 readers pitched in with donations averaging $45, and together they contributed about $467,374 toward our $500,000 goal.

That's amazing. We still have donations from letters we sent in the mail coming back to us, so we're on pace to hit—if not exceed—that goal. Thank you so much. We'll keep you posted here as the project ramps up, and you can join the hundreds of readers who have alerted us to corruption to dig into.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate

Share your feedback: We’re planning to launch a new version of the comments section. Help us test it.