Wednesday, February 17, 2010

Fool me once, etc.

Three major US companies said Tuesday they were leaving a coalition pushing for action on climate change, dealing a potential fresh blow to landmark legislation to cut carbon emissions.

The companies -- oil groups ConocoPhillips and BP America and equipment maker Caterpillar Inc. -- said they backed efforts for a green economy but felt that proposed laws were unfair to them.

The firms said they would not renew membership in the US Climate Action Partnership (USCAP), a coalition of business leaders whom President Barack Obama's Democratic Party often cites to bulwark its case on climate change.

No comments: