Wednesday, October 21, 2009

"THE REST OF THE STORY"

This POLITICO article notes that the WH is taking on the U.S. Chamber of Commerce and neglects to note that several companies have left the Chamber because of its ostrich-like stance about global warming. Here's just one report about that...
Utilities split on climate legislation
Lobbying-group controversy highlights differences
Oct. 16, 2009, 1:48 p.m. EDT

By Steve Gelsi, MarketWatch

NEW YORK (MarketWatch) -- The U.S. Chamber of Commerce has a rebellion on its hands, led by a handful of utilities that have broken with the powerful lobbying group over its stiff opposition to the war on global warming.

Exelon (EXC 49.79, -1.17, -2.30%) , PG&E Corp. (PCG 42.48, -0.61, -1.42%) , PNM Resources (PNM 12.37, -0.13, -1.04%) , Apple (AAPL 198.76, +8.90, +4.69%) and even some coal-fired power companies such as AEP (AEP 31.27, -0.45, -1.42%) now find themselves at odds with the U.S. Chamber of Commerce by supporting current climate-change legislation.

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