Big Business Jumps Ship from the S.S. Climate Change

Pajamas Media ^ | Feb. 17 | Myron Ebell

[AJKauf]

he still-growing Climategate scientific fraud scandal has already started to move public opinion against global warming alarmism. And even people who believe in looming climate catastrophe aren’t too happy about cap-and-trade legislation that would force them to pay more (and in reality, much, much more) for energy. What has kept cap-and-trade legislation alive in Congress is strong support from big business. Many major corporations have figured out that they can make billions of dollars in windfall profits if a cap-and-trade scheme is enacted that will give them free ration coupons and force consumers to pick up the bill.

Big business support began to crumble on Tuesday — and in a big way. In separate announcements, BP America, Conoco Phillips, and Caterpillar dropped out of the main lobbying group for cap and trade, the U.S. Climate Action Partnership (USCAP). BP sent a letter to its fellow coalition members, Conoco Phillips sent out a press release, and Caterpillar had its name taken off the USCAP website and then confirmed that it was dropping out when media inquiries were made.

All three corporations say nice things about USCAP and how much their participation in it has meant to them. And they all say that they are still committed to working for policies to reduce greenhouse gas emissions. So why are they pulling out?....

[steelyourfaith]

 

Beam me to Planet Gore !

[McGavin999]

That is too funny. All the businesses are beginning to understand that killing the golden goose means they go hungry after that.

Pretty sickening group. Kill the country, bankrupt the average working guy, but make a profit for.....oh....at least one quarter.

[Need4Truth]

Caterpillar has joined the FutureGen Alliance, which is working to build a coal-fired plant that will capture its carbon dioxide emissions and store them underground.

I don't think they get it yet.

[Wings-n-Wind]

Please pardon minor correction.....

I believe the ship is called the B.S. Climate-Change

[Oldexpat]

Cat has no choice really. Coal is a big industry for Cat and they have to participate in any effort to keep it in play for power.

[Jimmy Valentine]

Can I but see Albert Gore Jr. Lining up with his wife “Tipsy” for food stamps, my life will be so enriched.

[Chode]

and the RATS, take another one in the..............................HA ha!!!