Results 1 to 5 of 5
  1. #1 Chances dim for climate-change legislation 
    Senior Member Perilloux's Avatar
    Join Date
    Apr 2004
    Location
    Sweet Home Alabama
    Posts
    555
    Chances dim for climate-change legislation
    Business coalition splinters, and without widespread corporate support, the bill headed to the Senate is almost certainly doomed.
    By Marc Gunther, senior editor
    Last Updated: May 30, 2008: 6:59 PM EDT


    NEW YORK (Fortune) -- An influential coalition of Fortune 500 companies and environmental groups that was formed to support climate-change legislation has splintered over the Lieberman-Warner bill that is headed next week to the Senate floor.

    The U.S. Climate Action Partnership formed last year won't take a position on the bill, although nine of its members - including General Electric (GE, Fortune 500), Alcoa (AA, Fortune 500) and four utility companies - signed a letter to senators backing the legislation.

    The letter, also signed by big environmental groups and obtained by Fortune, says: "Prompt action on climate change is essential to protect America's economy, security, quality of life and natural environment."

    But other members of the coalition known as U.S. Cap, most visibly Duke Energy (DUK, Fortune 500), a coal-burning utility, are strongly opposed. "It's going to translate into significant electricity price increases," says Jim Rogers, Duke's CEO.
    Reply With Quote  
     

  2. #2  
    Senior Member Ranger Rick's Avatar
    Join Date
    May 2008
    Posts
    419
    Will, this is good news.
    Reply With Quote  
     

  3. #3  
    Administrator SaintLouieWoman's Avatar
    Join Date
    Sep 2002
    Location
    Sarasota Florida
    Posts
    40,877
    Quote Originally Posted by Ranger Rick View Post
    Will, this is good news.
    Very good news. I'm tired of the moonbat libs trying to control our economy with their "the sky is falling" rhetoric.
    Reply With Quote  
     

  4. #4  
    Patent Member
    Join Date
    May 2008
    Location
    Iowa
    Posts
    1,784
    Quote Originally Posted by SaintLouieWoman View Post
    Very good news. I'm tired of the moonbat libs trying to destroy our economy with their "the sky is falling" rhetoric.
    Fixed for you SLW.
    Reply With Quote  
     

  5. #5  
    Eyelids
    Guest
    "green" technology is actually good for the American worker.
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •