Exodus From Climate Change Bandwagon Begins en Masse Rats and sinking ships and all that... Posted by haystack Tuesday, February 16th at 11:33PM EST (quick note-Texas is getting in on the action now, too...) BP America, Conoco Phillips, and Caterpillar (among others) have announced their intentions to quit the Climate Action Partnership, a group whose mission is to âcall on the federal government to enact legislation requiring significant reductions of greenhouse gas emissions.â BP American says it âintends to go solo in its quest to influence the national discussion on climate change.â Conoco says itâs quitting to âfocus on reducing near-term greenhouse gas emissions by developing its natural gas operations.â Caterpillar says it wants âto focus on commercializing technologies that it said would accomplish the same goals pursued by U.S. CAP.â What they didnât say was said for them by Myron Ebell, Director of Energy and Global Warming Policy at the Competitive Enterprise Institute (âa public interest group dedicated to free enterprise and limited governmentâ): What also wasnât mentioned in any of the articles about BP, Conoco, and Caterpillar is that lawsuits are starting to pop up challenging the EPAâs so-called Global Warming regulations specifically because of new revelations that man-made climate change is a lie and has been uncovered as a hoax and a generation-long falsehood: There will be more of this; withdrawals from feel-good coalitions to save mankind from something that doesnât existâ¦and the lawsuits needed to begin unraveling years of the mess our politicians and activists have made. Someday there will be legislation enacted to make things right, though Politicians with the will to see it through might not be in any hurry. Itâs going to take many successful litigations from the private sector and many billions of dollars in Jury awards, but weâll get there.
As I have stated previously in this forum, this is the reason Algore did not run for POTUS - because he knew full well that global warming would be exposed as a fraud.
While I agree that the climate change cultists are complete frauds, my hope would be that we don't swing too far in the other direction. Left to their own devices, coprorate America will turn the world in to a sewer. Some sensible middle ground must be attained.
Add Virginia to the list.......... Virginia's attorney general said Tuesday that the state will be the first in the nation to contest a key finding by the Obama administration that carbon dioxide is a danger to public health and contributes to global warming. In a statement, Attorney General Ken Cuccinelli said he has filed petitions with the Environmental Protection Agency and the U.S. Court of Appeals in Washington in hope of reversing the finding. Cuccinelli's announcement indicates that Virginia, under Republican leadership, will take a much different line on climate change from the administration of former Gov. Timothy M. Kaine, a Democrat. Kaine, chairman of the Democratic National Committee, had convened a Governor's Climate Change Commission during his time in Richmond and often spoke of the need for government to tackle global warming through various programs, policies and incentives. Cuccinelli has called a news conference today to further discuss the case. Also Tuesday, Republican state leaders in Texas said they were filing similar challenges to the EPA's ruling in December that six types of greenhouse gases, including carbon dioxide and methane, should be regulated as air pollutants in new fuels and engines. The ruling is pivotal to the Obama administration's drive to cut greenhouse gases through emission permits for sources such as factories, power plants, cars, trucks and businesses, as well as through incentives for clean-energy development. Gov. Bob McDonnell, a Republican, backed the attorney general. "The current federal position could have a negative impact on job creation and economic development in the commonwealth and should be reconsidered," said Stacey Johnson, a McDonnell spokeswoman. State environmental groups were stunned by the announcement Tuesday, citing how the Virginia coast, and specifically Hampton Roads, is extremely vulnerable to rising seas associated with a slowly warming planet. "It's a shame, and, frankly, embarrassing, that we now have a climate-denier as an attorney general," said Glen Besa, state director of the Sierra Club, an advocacy group. Besa said the EPA's finding stemmed from a Supreme Court ruling in 2007 that found that carbon dioxide and the other gases were air pollutants as defined under the Clean Air Act and could be regulated as such. To contest that now, Besa said, was "a waste of time" that amounted to "bringing the Scopes monkey trial to Virginia." Dave Ryan, an EPA spokesman in Washington, said the agency was aware of Cuccinelli's petitions and was preparing a written response. In his statement, the attorney general said he wants the EPA to reconsider its finding on greenhouse gases, provide the public an opportunity to comment on "newly available information" and to provide such information to a science advisory board for its review. Cuccinelli's office declined to offer additional details Tuesday. Scott Harper, (757) 446-2340, scott.harper@pilotonline.com
What also isn't mentioned is the squeeze on profits these corporations would experience if emissions were capped and shares were traded. They never were "in", not really. One way or another, they'd have to spend money without a short term ROI+. Long term, they'd be more profitable (look at Wal-Mart's recent energy initiatives--they're not a stupid corp.), but hey, "in the long-term", they figure, "I'm dead."
Not to mention that the money they would have to spend would end up in the already well stocked coffers of GS et al through cap and trade.
The oil companies don't want to play?! Shades of Philip Morris. Tobacco is good for you and the economy, so don't let the socialist alarmists tell you otherwise. They just hate your freedoms and capitalism. Quick, someone grab a flag. And a cigarette, while you're at it.