He supported it because he thought his company would make big bucks because coal would be punished. He was banking on the EPA to help his company by considering most of his products to fall under the de minimis standards for cap and trade.
It didn’t happen.
Isn’t this the same guy who said back in Feb. that the Stimulus money would allow him to rehire laid off employees?
wrong.
Cats second biggest customers are the coal campanies(behind oil and gas)very high profit margins machines are sold to coal mining companies