CORPORATE AMERICA NOT DOWN WITH TRUMPS PLAN TO KILL THE PLANET
CORPORATE AMERICA NOT DOWN WITH TRUMP’S PLAN TO KILL THE PLANET
G.E. joins ExxonMobil in slamming the White House’s environmental policies.
BY BESS LEVIN
MARCH 30, 2017 6:08 PM
Even the nation’s most notorious polluters are uncomfortable with Donald Trump’s new executive action rolling back Barack Obama’s policies to reduce carbon emissions, protect the environment, and restrict the construction of new coal plants. Yesterday it was, improbably, ExxonMobil that came out against the Trump administration, hailing the Paris climate accord as “an effective framework for addressing the risks of climate change.” (Exxon, it should be said, has acted less than selflessly in his regard, capitalizing on the the environmental fight to resuscitate its image after it was revealed that the oil giant had allegedly been misleading the public about climate science for years.) Now, General Electric—which the Political Economy Research Institute said in 2000 was “the fourth-largest corporate producer of air pollution in the United States” and which the E.P.A. has listed as a major contributor of Superfund toxic waste sites—has also weighed in. Per Politico:
“Companies must be resilient and learn to adjust to political volatility all over the world,” Immelt wrote Wednesday in an internal company blog post obtained by Politico. “Companies must have their own ‘foreign policy’ and create technology and solutions that address local needs for our customers and society.”
Taking aim at Trump’s latest executive order rolling back Obama-era energy regulations, which was signed Tuesday, Immelt said the company’s incorporation of green technology in response to “well accepted” climate-change science has had a demonstrable effect both on environmental protection on improving company profits. “We believe climate change should be addressed on a global basis through multi-national agreements, such as the Paris agreement. We hope that the United States continues to play a constructive role in furthering solutions to these challenges, and at G.E., we will continue to lead with our technology and actions,” Immelt wrote.
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