Planet Gore

So Much for the U.S. Climate Action Partnership

As Chris reported earlier — now joined by Fox News:

The sudden pullout of three corporate giants from a leading alliance of businesses and environmental groups could be the death knell for climate change legislation languishing on Capitol Hill.

ConocoPhillips, BP America and Caterpillar’s announced Tuesday they will pull out of the U.S. Climate Action Partnership, citing complaints that the bills now in Congress are unfair to American industry.

BP spokesman Ronnie Chappell said Tuesday’s announcements are not a statement on the likelihood that climate change legislation will fail.  

“I would never speculate as to what would happen with a pending piece of legislation,” Chappell said. 

But he said the bills on the table no longer “conform” with what USCAP envisioned for a climate change bill. He said the legislation — including one bill that passed the House but is stalled in the Senate — does not provide adequate protections to U.S. refineries.

If any bills are passed, they will result in more oil imports, the closure of U.S. refineries and the loss of U.S. jobs. Plus he said it’s too hard on the transportation sector. 

“We do not believe that the bills now pending in Congress conform to the USCAP blueprint, in that a disproportionate share of the emissions reductions and disproportionate share of the cost fall on the transportation sector and on transportation consumers and motorists,” he said. 

Both BP America and Caterpillar were founding members of the group.

Jim Owens, the CEO of Caterpillar, is still listed on President Obama’s Economic Recovery Advisory Board — for now.

Most Popular

White House

More Evidence the Guardrails Are Gone

At the end of last month, just as the news of the Ukraine scandal started dominating the news cycle, I argued that we're seeing evidence that the guardrails that staff had placed around Donald Trump's worst instincts were in the process of breaking down. When Trump's staff was at its best, it was possible to draw ... Read More
Politics & Policy

Elizabeth Warren Is Not Honest

If you want to run for office, political consultants will hammer away at one point: Tell stories. People respond to stories. We’ve been a story-telling species since our fur-clad ancestors gathered around campfires. Don’t cite statistics. No one can remember statistics. Make it human. Make it relatable. ... Read More
World

Is America Becoming Sinicized?

A little over 40 years ago, Chinese Communist strongman and reformer Deng Xiaoping began 15 years of sweeping economic reforms. They were designed to end the disastrous, even murderous planned economy of Mao Zedong, who died in 1976. The results of Deng’s revolution astonished the world. In four decades, ... Read More
Economy & Business

Andrew Yang, Snake Oil Salesman

Andrew Yang, the tech entrepreneur and gadfly, has definitely cleared the bar for a successful cause candidate. Not only has he exceeded expectations for his polling and fundraising, not only has he developed a cult following, not only has he got people talking about his signature idea, the universal basic ... Read More