Oh, that global warming

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


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.

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly 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