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Credit Pacific Service Union A religious-environmental coalition filed shareholder resolutions asking the world's two largest automakers to cut the global-warming emissions spewed by their vehicles and factories.

Each country has targets to reach for reducing greenhouse gas emissions including 8% for European Union, 7% for U.S., and 6% for Japan. The agreement provides incentives for cutting pollution through a system of emissions trading. A country that emits less than its quota of greenhouse gases can sell emission credits to polluting nations. In addition, a country may receive credits through shared clean energy programs and carbon dioxide "sinks" in the form of forest or other ecosystems that remove carbon dioxide from the air.

Credit First Service Union The identical global-warming resolutions are the first filed at General Motors and Ford Motor Company since the late 1990s, when the two automakers calmed environmentalists by pulling out of an industry group fighting greenhouse-gas reduction measures.

This year's contract talks are considered crucial to the survival of GM and its U.S.-based counterparts, Ford Motor Co. and Chrysler LLC. Ford and Chrysler were also in talks over the weekend, but they extended their contracts with the UAW indefinitely Thursday after the UAW named GM the lead company in the negotiations. Once the union wraps up talks with GM it will try to implement similar agreements at Ford and Chrysler.

Card Credit Mobile Service GM and Ford triggered the latest resolutions by fighting proposals to boost national fuel-economy requirements and a recently passed California state law requiring them to cut carbon-dioxide emissions and to sell zero-emission vehicles there.

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Card Credit Discover Service "The high greenhouse gas intensity of US vehicle manufacturers undermines the competitive positioning of US automakers both here and abroad," said Patricia Daly, executive director of the Tri-State Coalition for Responsible Investment.

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Credit Public Service Union "This is not only about what is good for the environment. It is about what is good for GM and Ford shareholders," Daly said.

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Card Credit Processing Service The coalition represents more than 30 religious orders and Diocesan members from Connecticut, New York and New Jersey, the heart of the densely populated and heavily traveled US northeast corridor.

Center Credit Service Union Following two severe fuel shortages in the 1970s, US automakers worked to catch up with their more fuel-efficient European and Japanese competitors in the 1980s.

Card Credit Service Wireless But the vast popularity of large sport-utility vehicles, which face looser fuel economy and emission standards than cars, eroded US fuel efficiency and boosted US emissions in the 1990s.

Credit Security Service Union According to the Interfaith Center on Corporate Responsibility, US emissions account for 25 percent of world greenhouse-gas emissions, and carbon emissions from auto factories and vehicles account for a fifth of US emissions.

Credit Report Service The group says the carbon emissions attributable to GM grew 13 percent from 1990 to 2000, while Ford carbon emissions grew 26 percent over the same decade.

Blogspot Com Christian "Shareholders have a right to expect GM and Ford to shed their environmental liability by selling cleaner-running vehicles instead of being stuck in the mud with yesterday's technology while the Japanese step boldly ahead," said Kevin Knobloch, executive director of the Union of Concerned Scientists.

Christian Counseling Credit Japanese automakers already sell efficient, low-emission hybrid gas-electric vehicles in the US market and promise more. GM and Ford are more focused on developing electric fuel-cell powered vehicles sometime in the next 20 years.

Credit Federal Service Union Reuters - 12/12/2002

Topic: Climate Change

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