Global competition in the industry
The US Auto Industry faces serious competition from other countries such as Japan, Germany and South Korea in their mass market. Some auto companies in other countries seem to be ahead in adopting and reacting to the environmental challenge such as Japanese Toyota with the infamous Prius model. In addition the customer preference on the global mass market …show more content…
The effect of emissions on the environment caused governments and international organizations to react. The reaction by the United States is quite impressive in the last 8 years.
The United States government 's reaction was to lead global efforts to address the threat of climate change. As a result, the US carbon emissions have fallen by 10 percent from 2007 to 2013 - the largest absolute emissions reduction of any country in the world. To keep the momentum going, the US President has taken additional series of ambitious steps to combat climate change.
In June 2014, the Environmental Protection Agency (EPA) proposed theClean Power Plan- the first-ever carbon pollution standards to put the US on the path toward a 30 percent reduction in carbon pollution from the emissions by …show more content…
2014 was the hottest year on record globally, and temperatures from 2001 to 2012 were warmer than any previous decade in every region of the United States.
This paused public health threats associated with extreme weather especially against the children, the elderly, and the poor are most vulnerable to a range of climate-related health effects, including those related to heat stress, air pollution, extreme weather events, and diseases.
The US went on to initiate the mobilization of climate finance in November 2014 when the President announced the United States intention to contribute $3 billion to the Green Climate Fund to cut carbon pollution and strengthen developing countries ' resilience. This helped increase the number of other countries ' contributions and helped propel the fund 's initial capitalization to over $10