While members of Congress debate if and how the nation should address the threats posed to our environment by climate change, shareholders in some of our nation’s most influential and impactful companies are not waiting for Washington to come up with a solution to climate change — they are forcing action.
Recently, 18 large institutional investors in General Motors (who together manage about $1.96 trillion) communicated in a letter to the company that they want the company to stop lobbying against federal fuel economy standards, an effort they accurately argue will worsen climate change if successful.
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