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Defections Shake Up Climate Coalition

Renae

Renae

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Three big companies quit an influential lobbying group that had focused on shaping climate-change legislation, in the latest sign that support for an ambitious bill is melting away.

Oil giants BP PLC and ConocoPhillips and heavy-equipment maker Caterpillar Inc. said Tuesday they won't renew their membership in the three-year-old U.S. Climate Action Partnership, a broad business-environmental coalition that had been instrumental in building support in Washington for capping emissions of greenhouse gases.

The move comes as debate over climate change intensifies and concerns mount about the cost of capping greenhouse-gas emissions.
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BP, ConocoPhillips and Caterpillar Pull Out of Climate Partnership - WSJ.com

Not a big shock, as the Obama agenda unravels, business is bailing. Makes sense and I expect we'll see more to come.
 
MrVicchio said:
BP, ConocoPhillips and Caterpillar Pull Out of Climate Partnership - WSJ.com

Not a big shock, as the Obama agenda unravels, business is bailing. Makes sense and I expect we'll see more to come.
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You sure these companies were on the pro-environment side? Health insurance lobbyists are getting heavily involved in healthcare reform. (to the tune of millions per day spent)

Something tells me they're trying to shape the bill into something better for their business.
 
MrVicchio said:
BP, ConocoPhillips and Caterpillar Pull Out of Climate Partnership - WSJ.com

Not a big shock, as the Obama agenda unravels, business is bailing. Makes sense and I expect we'll see more to come.
Click to expand...

Guess you didn't read the whole story --

Spokesmen for ConocoPhillips and BP said the companies still support legislation to reduce greenhouse-gas emissions, but believe they can accomplish more working outside USCAP's umbrella. Caterpillar said it plans to focus on commercializing green technologies.
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Oops...:2rofll::good_job:

Still supporting the lobbying group are:

AES
Alcoa
Alstom
Boston Scientific Corporation
Chrysler
Deere & Company
The Dow Chemical Company
Duke Energy
DuPont
Environmental Defense Fund
Exelon Corporation
Ford Motor Company
FPL Group
General Electric
General Motors Corporation
Honeywell
Johnson & Johnson
Natural Resources Defense Council
The Nature Conservancy
NRG Energy
PepsiCo
Pew Center on Global Climate Change
PG&E Corporation
PNM Resources
Rio Tinto
Shell
Siemens Corporation
World Resources Institute
 
cap and trade is dead

international climate accords are dead

moment of (frozen) silence?

...

that's good enough
 
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