Companies Bowing Under the Pressure of “Green” Activists
Ford caved in to environmental concerns; but they did it in a way that should allow them to avoid the committment. CFO, in their article on “green”, said:
“Activist shareholders scored a victory last month when Ford Motor Co. announced that it would reduce the greenhouse-gas emissions of its new vehicle fleet by at least 30 percent by 2020 in response to pressure from a number of groups focused on climate change.”
2020?! I think that Ford is counting on the environmental furvor to end by then. The hybrid and electric car revolution will easily allow them to hit the mark anyway. Watch out for batteries being targeted by the environmentalists!
How do feel about making a committment by 2020? Is it a real committment or just fluff?
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