GM faces increased pressure from investors on climate

Large investors in General Motors Co. are urging the company to take a stronger stance against President Trump's efforts to unravel a key Obama-era climate policy. Investors initially pressured GM to publicly condemn the proposed reversal of clean car standards and better disclose its lobbying ahead of a June 4 shareholder meeting (Greenwire, May 17). Following that meeting, GM became one of 17 car companies to send Trump a letter saying the rollback would cause instability in the auto industry (Climatewire, June 7). But while investors generally lauded the move, some stressed that GM needs to take stronger actions than simply adding its signature to a letter. Read Full Article - E&E News, June 17, 2019