GM Pledges a Net-Zero Carbon Future

Mary Bara, CEO of GM, commits to a Net-Zero-Carbon Future in a Linked-In post this morning.

Bara lists fives steps GM will take.

  1. General Motors plans to be carbon neutral by 2040 – which means removing emissions from all our products, including every vehicle we produce, and all of our global operations in the next twenty years. Where removing emissions is not possible – for example if the technology does not yet exist in those timeframes – we will compensate for those emissions through carbon credits or carbon capture. Our preference will always be for removal of emissions. This is a critical step on the path to a net-zero-carbon future.
  2. 2. General Motors has signed the Business Ambition for 1.5 degrees Celsius commitment, signaling our intent to help meet the most ambitious goals of the Paris Agreement. We will set science-based targets to achieve carbon neutrality, which we will submit to the Science-Based Target Initiative (SBTi) for verification and approval. The SBTi is a coalition established to drive ambitious climate action through science-based emission reduction targets and is the lead partner of the Business Ambition for 1.5 degrees C campaign.
  3. We have worked with the Environmental Defense Fund (EDF) to develop a shared vision of an all-electric future and an aspiration to eliminate tailpipe emissions from new light-duty vehicles by 2035.
  4. 4. We are working with the EDF and with governments, partners and suppliers around the world to build out the necessary charging infrastructure and to encourage the use of renewable energy in electric vehicle charging, to make it easier for every electric vehicle driver to play their part in the battle against climate change.
  5. 5. We will use 100 percent renewable energy to power our U.S. facilities by 2030 and for global facilities by 2035 – five years ahead of our previous goal.
  6. We are collaborating with our suppliers to set ambitious targets to reduce emissions, increase transparency and source more sustainable materials, including establishing a sustainability council to share best practices, learn from one another and create new standards for the industry. While electric vehicles do not produce tailpipe emissions, it is critical that the impact associated with production and charging is incorporated in our plans. By working with utility companies to provide access to more renewable energy sources, GM hopes to address the entire production cycle of future EVs, with benefits that will extend far beyond our own vehicles and operations.

My lead image is from GM's Exhibit Zero.

Why Now?

Forget Bara's politically-correct climate message. That is a not the real reason GM is acting.

Electric vehicles are smaller, lighter, and easier to manufacture. 

Market forces, not climate change, are what drives GM decisions.

Missing Ingredients

A key missing ingredient is battery technology but that is quickly improving. 

The second missing ingredient is the number of charging stations, but that transition will happen too. 

Free Market Solution

There is a bit of pressure from Biden, but there was no pressure from Trump for four years.

Assuming one believes CO2 is a problem, this is the way problems are solved. 

GM is not doing this to save the world, it is doing this because market forces mandate a change.

Similarly, solar power will come into play as storage technology improves.

Where is the CO2 coming from? 

Annual CO2 Emissions2

CO2 Stats

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  • Please note that the US reduced its carbon footprint from 6.13 billion tons in 2007 to 5.28 billion tons in 2019.
  • Meanwhile, China increased its footprint from 6.86 billion tons in 2019 to 10.17 billion tons in 2019.
  • In the same timeframe, global output rose from 31.29 billion tons to 36.44 billion tons.
  • In 2007, the US accounted for 19.6% of the total global carbon footprint.
  • In 2019, the US accounted for only 14.5% of the total global footprint.

The above stats are from Our World CO2 Emissions.

John Kerry Blames Hurricanes on Climate Change 

Yesterday, John Kerry, Biden's climate czar, blamed four recent hurricanes on "climate change" as if we could stop them by spending money forced by government mandate.

Kerry's Comments

  • "There are countless economic analyses now that show it's now cheaper to deal with the crisis of climate than it is to ignore it."
  • "We spent $265 billion 2 years ago on 3 storms, Irma, Harvey, and Maria. Maria destroyed Puerto Rico. Harvey dropped more water on Houston in five days than goes over Niagara Falls in a year. And Irma had the first recorded winds of 185 miles an hour for 24 sustained hours."
  • "All of them were exacerbated by the last four years. Now we have to try to make up for that. That is a hard pull but this president is capable of doing it."

Kerry may as well order moon to stop creating tides. 

John Kerry Wants to Waste Money on Climate Change

Yesterday, in response to John Kerry's rant, I wrote John Kerry's Straw Man Arguments for Wasting Money on Climate Change.

I posted my article this morning at 8:00AM. Click on the link to play Kerry's video address that I rebutted,

AOC's Green New Deal Pricetag

And in case you forgot, please recall AOC's Green New Deal Pricetag of $51 to $93 Trillion vs. Cost of Doing Nothing

The Free Market vs Politicians

I had no idea Mary Bara would write that post on Linked-In today just after I blasted Kerry.

But there it is. And the free market is headed in the right direction.

US emissions were already headed down and that is despite reversals by Trump. 

We do not need AOC's $50 trillion proposal or whatever nonsense Kerry will peddle. 

If there is a problem and it can be solved at all,  it will be solved by the free market, not Joe Biden, not John Kerry and certainly not by AOC or Al Gore.

Where I Stand

Mish

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