GM CEO Mary Barra announced today that the company will submit to the insane “Green Finance” demand that they stop building internal combustion engines, going over to all electric cars by 2035. Mark Carney, Michael Bloomberg, and BlackRock’s Larry Fink are laughing their heads off as they calculate how many billions this will create for their new “green bubble,” at the expense of citizens who will no longer be able to afford cars, and the thousands of auto workers who will lose their jobs. (See the article in the Feb. 5, 2021 issue of EIR, Vol. 48 No. 6, on the truth about the rapid switch to electric cars.)
“As one of the world’s largest automakers, we hope to set an example of responsible leadership in a world that is faced with climate change,” Barra said on LinkedIn.