Wall Street Journal blogs about GM CEO Rick Wagoner recent talk to reporters in Washington about GM chairman Bob Lutz's recent comment that global warming is "a total crock of sh*t." Wagoner backed away from the comment, saying that "the comments weren't coming out of the company" and "I would have preferred to pass on the comment." Wagoner didn't back away from Lutz, though, calling him "the clear leader of GM's push to develop extended-range battery-powered hybrid vehicles."

So, what does Wagoner think about global warming? Wagoner says "the data is pretty clear that the temperature on the earth is rising." Saying the globe is warming is quite different than saying humans are a significant contributer to that warming. The "non-confrontational" Wagoner, as the Journal describes him, has never said he believes in global warming or not (see 37 minutes into the video below the fold).

What's GM doing about global warming? Wagoner says "it makes sense for us to put the business in a place where can respond productively." Wagoner also says that "a lot of things need to be done to address CO2" and that GM is investing "a huge amount of money" to fulfill the company's responsibility as a big player in society. In the past Wagoner has said electric cars don't look like the answer but GM has come around to the idea.

[Source: Wall Street Journal]

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