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The U.S. Chamber of Commerce faces a revolt for its global-warming stance (*BLECH*)
Keene Sentinel ^ | 10/3/2009 | Dana Hull

Posted on 10/05/2009 11:22:20 AM PDT by markomalley

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PG&E: Stands to make money if energy prices go up. In 2008, they made $1.08B earnings on $14.6B revenue. If rates go up (due to cap & tax), their revenue will necessarily go up...meaning likely $2.16B earnings on $29.2B revenue...doubling the per share income with no additional expense.

Same thing for Exelon.

And Nike, being pushed by the "Green Century Equity Fund." -- I wonder how much Al Gore is invested in that fund?

We just have to follow the money here, folks...

1 posted on 10/05/2009 11:22:21 AM PDT by markomalley
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To: markomalley; OKSooner; honolulugal; Killing Time; Beowulf; Mr. Peabody; RW_Whacko; SideoutFred; ...
Image and video hosting by TinyPic

FReepmail me to get on or off

Ping me if you find one I've missed.


PG&E bails in the face of exceptional federal bribery...
go figure.
2 posted on 10/05/2009 11:25:36 AM PDT by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: markomalley

Yep! Tip of the iceberg, too!

Smoking gun E mail nails Democrats’ and GE “Pay to Play” scheme in Senate’s new Cap & Trade bill

Comment (refresh browser):
http://www.freerepublic.com/focus/news/2355117/posts?page=34#34


3 posted on 10/05/2009 11:28:22 AM PDT by Matchett-PI (A Socialist becomes a Fascist the minute he tries to enforce his "beliefs" on the rest of us.)
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To: markomalley

sounds like the Chamber of Commerce is going to be better without them.


4 posted on 10/05/2009 11:30:06 AM PDT by bilhosty (Don' t tax people tax newsprint)
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To: bilhosty

Yes, indeed. Let them go without the door hitting them on their way out.


5 posted on 10/05/2009 11:32:30 AM PDT by MBB1984
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To: MBB1984
The Chamber of Commerce represents capitalism at the local level. I don't think they face a revolt, I think they face a “hissy fit” from a bunch of socialists who see their “sugar tit” slipping away.
6 posted on 10/05/2009 11:39:28 AM PDT by Murp
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To: markomalley

Power companies, being regulated monopolies are VERY LIKELY to bend to the winds of political correctness, especially since they can pass the costs on directly to the consumer. Other companies like manufacturing will look to other countries for better regulatory environments. Get ready for the big lie!


7 posted on 10/05/2009 11:49:17 AM PDT by SES1066 (Cycling to conserve, Conservative to save, Saving to Retire, will Retire to Cycle.)
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To: markomalley

Power companies, being regulated monopolies are VERY LIKELY to bend to the winds of political correctness, especially since they can pass the costs on directly to the consumer. Other companies like manufacturing will look to other countries for better regulatory environments. Get ready for the big lie!


8 posted on 10/05/2009 11:49:23 AM PDT by SES1066 (Cycling to conserve, Conservative to save, Saving to Retire, will Retire to Cycle.)
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To: SES1066

Oops - apologies for the dup. post!


9 posted on 10/05/2009 11:50:49 AM PDT by SES1066 (Cycling to conserve, Conservative to save, Saving to Retire, will Retire to Cycle.)
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To: markomalley

All depends on whether the cap and trade bill actually impacts these industries. Most O&G and energy companies are exempt from a number of EPA safeguards and NOX/HRVOC TPY limits; so, unless they are INCLUDED back under these limits, they can appear to be “enviromentally friendly” because they face no consequences by doing so.


10 posted on 10/05/2009 12:00:15 PM PDT by TheWriterTX (I am a Declarationist!)
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To: markomalley

“We just have to follow the money here, folks...”

And keep a firm eye on the near-complete lack of actual science backing up the “global warming / climate change / econut” faction. ;-)


11 posted on 10/05/2009 12:12:04 PM PDT by PreciousLiberty
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To: markomalley

“We just have to follow the money here, folks...”

And keep a firm eye on the near-complete lack of actual science backing up the “global warming / climate change / econut” faction. ;-)


12 posted on 10/05/2009 12:12:07 PM PDT by PreciousLiberty
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To: markomalley; rdl6989; Little Bill; IrishCatholic; Normandy; According2RecentPollsAirIsGood; ...
 


Beam me to Planet Gore !

13 posted on 10/05/2009 12:41:19 PM PDT by steelyourfaith (Limit all U.S. politicians to two terms: One in office and one in prison!)
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To: markomalley
We just have to follow the money here, folks...

Yep!

Plus, the industry is scared about what will happen if cap and tax doesn't pass. Now that EPA has classified CO2 as a pollutant, the Barry administration will just do by regulation what Congress couldn't do - only the utilities won't get the carbon credits to sell. It's good ol' Chicago style bare knuckle tactics. Nothing green about.

14 posted on 10/05/2009 12:49:02 PM PDT by colorado tanker (Barack Obama is an old Kenyan word for Jimmy Carter)
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To: markomalley

The Anti-American Collective of Communists cant win....

They appease liberals on illegal alienism and free trade....yet get hosed when they actually take a good stance on an issue that would harm America (going against the Global Warming Hoax)

The Globalist companies probably do not think the AAoCoC is liberal enough. I guess pandering to Communist China and Dope-Dealing Mexico is not enough


15 posted on 10/05/2009 2:46:49 PM PDT by UCFRoadWarrior (The Return of America)
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To: markomalley

I joined today. My dues won’t help the shortfall, but numbers matter. I urge everyone to join the USCC soon.


16 posted on 10/05/2009 4:27:02 PM PDT by Thickman (Term limits are the answer.)
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To: SES1066
As a former employee of the largest IPP in the country, I can assure you that that is the case.

The big wigs in that company were just wetting themselves with the thought of all the money they are going to make from "climate change" legislation.

They are disgusting Green Nazi but kissing weasels. They make me sick.

17 posted on 10/05/2009 6:01:35 PM PDT by Jotmo (Has 0bama fixed my soul yet?)
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To: markomalley; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; ...
Rent-seeking corporate scum stab USCoC in the back! Story NOT shown at 11.

DOOMAGE!

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18 posted on 10/05/2009 7:40:36 PM PDT by Tolerance Sucks Rocks (Barack Hussein Obama: the country's greatest firearms salesman!)
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To: markomalley
I expect this to happen the next twenty years: 1) hysteria about global warming will be replaced by hysteria about shortages of fossil fuels and sky-high oil and gasoline prices, 2) high prices of fossil fuels will push scientists and engineers in Corporate America, Japan Inc., and China Inc. up to full speed on development of alternative energy technology and more fuel efficient motor vehicles, machinery, and appliances, 3) alternative energy sources and highly fuel efficient vehicles will become economically attractive because of very high oil and natural gas prices, 4) alternative energy sources and highly fuel efficient vehicles and appliances will replace fossil fuels and older vehicle/appliance technologies without any major subsidies and as a result of these free market forces, global CO2 emissions will decline steadily rather than increasing, starting in 10-15 years, 5) despite higher CO2 output in the next ten years the earth's temperature will not change significantly and scientists will begin to figure out how they screwed up in their early global warming theories (...lol).

Gloom and doomers and liberal politicians always underestimate the amount of talent and intelligence in the private sector and the ability of the private sector to get incredibly good results while inspired by the profit motive. Just look at the amazing improvement in PC microprocessors and hard drives and broadband internet speed in the last ten years. The same thing will happen in alternative energy now that oil isn't cheap any more and the scientists and engineers in Corporate America are getting up to full speed on alternative energy and energy efficiency. The pessimists will be proved wrong again. Global warming is a hoax and the real challenge we face is high oil & gas prices and shortages of all fossil fuels. That challenge will be met by better alternative energy technology and we don't need the insane Waxman/Markey cap & tax bill to meet that challenge. Free market forces will make that happen.

Coincidentally, CO2 emissions will start declining in 10-15 years and hopefully that will relieve the hysteria among the Global Warming nuts. Meanwhile, prepare for $120 oil and $4 gasoline within a few years and invest accordingly.

19 posted on 10/05/2009 10:38:41 PM PDT by your local physicist (Gridlock is good...in Washington.)
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To: markomalley; xcamel
“What PG&E did was very important. The chamber is a powerful organization, but there’s safety in numbers.”


Communist / Marxists....

Thanks, for the ping.


20 posted on 10/06/2009 8:30:46 AM PDT by skinkinthegrass (Zer0 to the voter: "Welcome to 'MY' DeathCARE ® Plan"...Sucker! ...now just die. :^)
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