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.
Posted on 10/05/2009 11:22:20 AM PDT by markomalley
The U.S. Chamber of Commerce — a strong opponent of the global warming bill passed by the House of Representatives and a likely foe of a Senate bill to be introduced Wednesday — faces a high-profile revolt by some of its members.
Earlier this month, San Francisco-based PG&E took the extraordinary step of quitting the chamber because of its “extreme rhetoric and obstructionist tactics” as the debate over global warming legislation heats up in Congress.
Two other utility companies, New Mexico’s PNM and Chicago’s Exelon, followed PG&E’s lead, and other companies are under pressure to join the exodus.
On Tuesday, the Green Century Equity Fund, which invests in athletic shoemaker Nike, urged Nike to “Just do it” and terminate its membership in the chamber as well.
“It makes sense to us for Nike to be the next company to pull out of the chamber,” said Emily Stone, a shareholder advocate for Green Century, noting that Nike has a strong brand as well as a reputation for supporting environmental sustainability. “What PG&E did was very important. The chamber is a powerful organization, but there’s safety in numbers.”
On Wednesday morning, Nike announced it was resigning from the chamber’s board of directors, but not the full chamber itself.
“Nike believes U.S. businesses must advocate for aggressive climate change legislation and that the United States needs to move rapidly into a sustainable economy to remain competitive and ensure continued economic growth,” the company said in a statement. “As we’ve stated, we fundamentally disagree with the U.S. Chamber of Commerce on the issue of climate change, and their recent action challenging the EPA is inconsistent with our view that climate change is an issue in need of urgent action.”
But Nike said that, for now, it will remain a member of the chamber in hopes of advocating for global-warming legislation within the chamber’s various committees and influencing their policies from within.
The defections began when PG&E Chairman and CEO Peter Darbee sent a sharply worded two-page letter outlining why the utility, which provides gas and electricity to 15 million customers from Eureka to Bakersfield, is pulling out of the chamber, which represents 3 million large and small businesses across the country and has one of the most powerful lobbying operations in Washington.
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...
Ping me if you find one I've missed.
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
sounds like the Chamber of Commerce is going to be better without them.
Yes, indeed. Let them go without the door hitting them on their way out.
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!
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!
Oops - apologies for the dup. post!
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.
“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. ;-)
“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. ;-)
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.
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
I joined today. My dues won’t help the shortfall, but numbers matter. I urge everyone to join the USCC soon.
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.
Global Warming on Free Republic
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.
Communist / Marxists.... 
Thanks, for the ping.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
