Posted on 02/17/2010 5:19:10 PM PST by Kaslin
Climate Change: The scientific "consensus" that man is warming the planet is cracking, and so is a group that was going to push for cap-and-trade. Some business members no longer feel threatened by the government.
Oil giants ConocoPhillips and BP and heavy equipment maker Caterpillar said Tuesday they'd be leaving the U.S. Climate Action Partnership, described on IBD's front page as "a coalition of green groups and leading corporations pushing for a cap-and-trade bill to curb emissions of carbon dioxide."
IBD on Wednesday reported that the three corporations "indicated that their leaving was based on disputes within USCAP over the direction the legislation was taking in Congress," that it has become "now tilted toward coal-based energy producers."
We're not as diplomatic as these companies, so we can provide a more plausible explanation: They see the agenda of the global warming alarmists crumbling and have determined they don't have as much to fear from government regulation as they once did.
Because onerous government policy distorts markets and cuts into profits, it's rational for companies to try to protect themselves from regulatory damage.
One way to avoid or limit damage from a regulatory regime is to be part of the regulation-writing exercise by joining a coalition involved in the process.
When it becomes clear that new rules aren't forthcoming, there's no longer a need to be part of the group.
(Excerpt) Read more at investors.com ...
Wow! This is good news!
When are the lawsuits against the global warming hoaxers and scammers going to start? These maggots have extorted billions from legitimate businesses as well as Joe Sixpack. It’s time to start demanding our money back.
Does this mean that the cows can go back to farting normal now?
When it snows, it pours-—I’m in the mid-Atlantic and sick of the effects of global warming.
Evil corporations are refusing to participate in the warming scam. There may be hope yet.
Rush talked about the lawsuits today, said they’re coming.
This is just enormous. These companies climbed on board because they thought the warmists were going to get away with this hoax and they wanted to protect their companies as best they could from government insanity.
They no longer see the need. This game is over.
Boy I hope so...There needs to be a lot of accountability with these clowns...
These insane neurotics are relentless.
And government will milk every drop possible in taxes and fees and imaginary "credits" that they can.
State governments and the Feds are continuing headlong over the cliff as if AGW world-destruction were real.
"Never let a (even imaginary) crisis go to waste!"
Remember?
Fake but real works for the nutjobs.
More good news - it never rains but it pours and snows!
"The Third Way" - the London School of Economics; George Soros' old home.
A profound mistake. Government acquires its money at the point of a gun.
Corporations in conspiracy with government acquire their money with the same gun. AIG, Goldman Sachs, Morgan Stanley, and in Nazi Germany, Siemens, Foch Wolfe, etc.
The essence of free enterprise capitalism is blatant, dog-eat-dog competition, before the jury of free citizenry.
How ugly can John (Jay) D. Rockefeller IV, George Soros, et al become? Or how truly stupid can Harvard professors be?
The Suntrade Institute
Those that jumped on board and even tried to carve out some benefit for themselves riding the “global warming” hysteria and green fad now are leaving the stinking and sinking ship, and I guess we're all supposed to respect them for this? Scumbags- No different than the shitheads that were tag-alongs under the Nazi's selling products like Zyclon B (IG Farben). But no worries, I'm sure all of these firms have large volumes of web-space devoted to corporate ethics, sort of like GE while they sell dual use (civil/military) supplies to Iran, sell nuclear technology to China, and ride the green enviro-stupid fad in the US with their CFLs, wind turbines etc, even lobbying for laws that take off the shelf competing technologies like the incandescent bulb. It's all for the planet BTW!
Yes and so can we.
I guess G.E. is gonna ride this one to the bottom of the hill.
Not if they're in the U.K.
By G.E. I suppose you mean General Electric, which I boycott btw
This is why I boycott G E, and so should every Freeper
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