When it comes to the top two U.S.-based major automakers, it’s difficult to discern which of the two longtime Chair/CEOs has demonstrated more failure in leadership and financial performance: Jim Farley at Ford, or Mary Barra at General Motors. Among their many woke priorities during their respective tenures are both executives’ aggressive development of electric […]| National Legal And Policy Center
ExxonMobil, Chevron, and Occidental Petroleum have put themselves in a bind. They committed to climate policies under the Biden administration that they can no longer sustain under President Trump. According to the Wall Street Journal: Big Oil has a tough balancing act: Help further President Trump’s “energy dominance” agenda and stick to its climate goals […]| National Legal And Policy Center
The Netherlands’ PFZW pension fund just pulled €14 billion from BlackRock, saying it can no longer align with the US asset management firm’s evolving stance on “sustainability.” Instead, PFZW is moving to a more selective, ESG-focused (environmental, social, and governance) investment portfolio. According to the Financial Times: PFZW, which oversees €248bn of pension assets for […]| National Legal And Policy Center
ExxonMobil cannot decide whether it favors climate policies or opposes them. In the new “Lessons from Europe” chapter of its Global Outlook, Exxon argues that the EU’s high-regulation approach to decarbonization has driven up costs, dented investment, and eroded public support—warnings the company says U.S. policymakers should heed as they debate climate and trade rules. […]| National Legal And Policy Center
OpenAI’s Sam Altman, one of the foremost spokesman for artificial intelligence technology as a whole, has now admitted that AI may currently be in a bubble. “When bubbles happen, smart people get overexcited about a kernel of truth,” Altman told a small group of reporters last week. “Are we in a phase where investors […]| National Legal And Policy Center
Following up on a report from earlier this month that Google was caught once again deep-sixing fundraising emails from Republicans, the chairman of the Federal Trade Commission has warned the company to cease and desist. Axios reports: The FTC isn’t announcing a new investigation into Google, but FTC chair Andrew Ferguson is putting CEO Sundar […]| National Legal And Policy Center
Just as NLPC warned, ExxonMobil’s latest signals to investors suggest the company’s foray into “low-carbon” ventures is not going as planned. After years of| National Legal And Policy Center