Where the Climate Buck Stops
Climate superfunds are a sensible way to put some of the costs back where they belong, but we’ll get them only if the public demands them.
Chrysler announced that it will cut 25% of its white-collar workforce of 17,300 by the end of the year through early retirements and buyouts. The announcement follows yesterday's news that it would lay off 6% of its hourly workforce by shuttering a plant in Delaware and slowing production at one in Ohio. Chrysler's sales are down 25% for the year.