Shortly after Joe Biden assumed the role of U.S. President yesterday, he signed a flurry of executive actions addressing a variety of things ranging from COVID-19 to immigration and climate change. Those moves included directing the United States to re-join the Paris Climate Agreement, a legally binding international treaty on climate change that aims to limit global warming and reach global carbon neutrality by 2050.
Ford executive chairman Bill Ford took time to praise this move on LinkedIn, posting a lengthy letter explaining why he thinks it is necessary and "critical to reestablishing the United States' role as a world leader," as Ford described. "As a global company, and one whose manufacturing and products contribute to carbon emissions, Ford's commitment to the Paris Climate Agreement matters and our position has never wavered," Ford said.
Ford notes that The Blue Oval has a "particular responsibility" to help change the course of history, which is why it "was the only full-line American automaker to stand with the Paris Agreement, and the only one to support California and adopt its strongest-in-the-nation greenhouse gas standards."
"We believe that real and lasting change will only come from our will and a commitment to our values on a global scale to do better for our children and grandchildren," Ford said. "And, what we do to change our practices and products will have an exponential impact on the future."
Ford notes that his environmental focus has remained intact since he began working for the automaker in 1979, a position that wasn't terribly popular back then. But he also makes it a point to look forward to the future as well. "While we were not the first company to produce electric vehicles, we are committed to building the best electric vehicles," Ford said. "We are committed to sourcing 100 percent renewable energy for all our operating sites by 2035, and to be fully carbon neutral worldwide by 2050."
"Our work is nowhere near done, but President Biden's action today is an important step," he concludes. "We are pleased and proud to support the United States' re-entry to the Paris Climate Agreement, and we hope that everyone shares our optimism that this is a fresh start for a common cause. In a world that grows more fragile and connected every day, we need to work together to bring real change that is good for our planet, our customers, and our company."
We'll have more on Ford's mission to become carbon neutral soon, so be sure and subscribe to Ford Authority for the latest Ford business news and around-the-clock Ford news coverage.
Three models moved nearly 31K units.
And wound up hitting a concrete pole.
Another potentially useful idea.
Adding to its tally in that regard.
The firm is maintaining its hold rating, however.
As Japan mulls the purchase of 100 F-150 pickups.
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FORD gets no sympathy from me supporting Biden on hindering them. Talk about Stockholm's syndrome. They get what they deserve at this point forward.
What a sucker, Ford supporting a fraudulent election of a a fraudulent president.
I've been a loyal Ford owner longer then he has been on this earth. Throwing billions
of our hard earned tax dollars at the Accord did nothing for us except stifled our economy.
A half wit nobody knows better then that, look at what President Trump did for the
Auto Industry over the past four years, he brought back jobs to the US and especially
Michigan. Do you really think the Accord is going to better us--- Mr Ford?
Make autos and stay out of politics, you venture into the wrong stable and you'll get a swift
kick where it hurts.
They can't even build police cars without the potential of the engine and driveshaft falling out and now they can't even get something simple like washer fluid right. You actually think they'll build all electric vehicles and get them right? Thanks but no thanks.
Perfect. Get behind a gigantic virtue signal that means only limiting US potential for the sake of something that means nothing as long as the likes of China continues to build coal powered energy plants and pollute the earth every other conceivable way. Just another snide up-yours to the outgoing administration under which the entire US thrived.
Your very smart comment(s) fall on deaf ears. China and India are virtually exempt from the accord, the people it hurts the most are those countries that have already made huge strides (and still making huge strides). the Paris accord people usually cannot intelligently discuss the provisions, most have not read the damn thing, yet if one of their favorite politicos says, "It's great" they're on board.
It’s the smart move...
Biden will likely chase those jobs that you’re so excited about back to China.
He already is, starting his first day
What's sad is everyone who thinks the jobs of the 1900s are what will be the engine of American dominance in the future. You guys are worried about jobs that are long gone. Things that only America used to be able to do, can be done by anyone now.
The purpose of investing in a green future is to BE THE INNOVATORS of the next wave of technologies/materials. Be the country producing things that no one else can produce. That is where American exceptionalism lies in the 21st century. Not trying to build old things, but building the new things that China, India, Indonesia cannot. Building the batteries, capacitors, inverters, silicon, and other components that drive new products and new business . Creating entirely new industries not yet imagined because the technology doesn't yet exist. THAT is where America needs to be. Not fighting for jobs making buttons in a factory for a wage that can't be livable or competitive in today's American housing/living market.
Some of you can't see it because you're too clouded by what is no longer. We need to be leaders and innovators again and I'm excited for it. It takes VISION to be a VISIONARY and visionaries aren't shackled by what used to be.
I wonder how much you Purchase ($$$) products mfg in China??? Pollution, slave labor, re-thinks camps from muslims, etc.? The problem is China is innovating, a new wave of world dominance. Button factories? maybe they have some. How about heavy machinery, the fasting growing nuclear arsenal/ navy/ military in the world? BTW, just about anything we "Innovate" will be ripped off without a second thought as to intellectual property. Get a grip.
Well then why not build all electric versions of existing gasoline and diesel versions of vehicles? That way customers can chose which power type they want and let the market prevail?
The all electric crowd seems to want everybody to have one when in fact they don’t. Why else are they so anxious to the point where it becomes all but a political mandate?
Funny, that’s the same garbage that Obama used as an excuse for his whole second term and why we never got out of that depression until Trump got in. Funny how all those supposed jobs that were never coming back and that supposed “new” unemployment rate was here to stay, was blown out of the water within a year of Trump being in office. Ignorance isn’t bliss, it’s just ignorance.
Sorry that was supposed to go under another comment.
Do you realize how much that would cost. People have already spoken, the Nissan Leaf is gone, the Cadillac is gone, Tesla doesn’t make any money on cars, barely sells any. The BS part is we don’t need them. There is no man made global warming, there is no oil shortage. It’s just commie BS to hurt capitalist countries. Sadly, they’re running everything again.
48 hours into his term and Biden has already eliminated 52,000 jobs, millions
of dollars in wages, and about to add 3.9 billion in debt, sounds about right
for a democrat
Dale, you're right on; however, you are being kind when you say "millions of dollars in wages", it should read, "BILLIONS of dollars in wages"!! If one makes a safe assumption that the average job lost under biden would have made $50,000/year, the figure is well over 2.5 BILLION DOLLARS!!!!!! I can guarantee we'll be going back to the "obama care disaster". China has bought and paid for biden and his drug addict son, they plan on collecting.....
As a Teamster I have always tried to support American workers. So far the only auto maker I have bought brand new from is ford. 12 of them. This spring I had intended to purchase a 2021 F150 and a bronco sport for the wife. I never in my life thought I would say this out loud, but think I'm going to look at Toyota. Bill Jr, you just lost a lifelong Ford buyer. But you don't care, just keep repeating the the propaganda. Thank God for the Libs, (that have done nothing in their lives) for saving the world
Great post, you speak for many. Their is a good chance the toyota will be build in the U.S., we know the BS will be built in Mexico.
Thanks, but I'm sad. I have loved my ford vehicles. This ceo is an idiot, why would you alienate at least 50% of you're buyers.
I'm with you, 100%. I've owned a LOT of fords throughout my life, in fact I keep an "antique vehicle", f150 1978, 460CID (professionally rebuilt+improved), 9in rear, etc. I love those old All Steel Fords. I wonder how many of the "new fords" will be around 40 years from now? The "fly-over" states, account for a very large portion of fords business-in his own way, Ford is endorsing the "basket of deplorables" sentiment held by so many east and west coast city dwellers. My days of buying a new Ford, may have hit a brick wall. Fords big move into china is at the heart of this thing, $$$$ are more important to them, than a free and prosperous United States. It's sad.