PG&E, Duke Energy Walkouts Show U.S. Business Split on Climate
By Daniel Whitten
Sept. 29 (Bloomberg) -- PG&E Corp. quit the U.S. Chamber of Commerce. Nike Inc. and Johnson & Johnson criticized the group for its stance. Duke Energy Corp. resigned from the National Association of Manufacturers.
Exelon Corp., the biggest utility owner by market value, yesterday joined the companies going public with their opposition to the chamber’s position. John Rowe, CEO of the Chicago-based company, told a conference in the city that Exelon wouldn’t renew its membership in the group.
PNM Resources Inc., a utility based in Albuquerque, New Mexico, said in a statement last week that it will let its membership expire at year-end.
Charlotte, North Carolina-based Duke Energy, owner of utilities in the U.S. Southeast and Midwest, said in April it won’t renew its membership with the National Association of Manufacturers.
Twenty-five companies, including General Electric Co.,Caterpillar Inc. and Dow Chemical Co., have joined with environmental groups in the U.S. Climate Action Partnership to promote cap-and-trade legislation. Most of the companies remain members of business associations that oppose the measure.
Tuesday, September 29, 2009
UH OH, NOW WE HAVE COMMIE COMPANIES TOO!!!
Some very large American companies are fed up with the global warming denialists and are voting with their feet.
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