Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Major Energy Companies Pullout Of Climate Coalition

February 22, 2010 by  

Major energy companies pullout of climate coalition Caterpillar, ConocoPhillips and BP America announced last week that they are leaving the U.S. Climate Action Partnership, a coalition of more than two dozen environmental groups and businesses lobbying for climate change legislation.

Officials from BP America and ConocoPhillips said that they are pulling out of the alliance because the bills circulating in Congress are unfair to American industry and will deter growth in the transportation sector.

"House climate legislation and Senate proposals to date have disadvantaged the transportation sector and its consumers, left domestic refineries unfairly penalized versus international competition and ignored the critical role that natural gas can play in reducing GHG emissions," said ConocoPhillips chief executive Jim Mulva.

He added that his company will focus on developing a lower-emission fuel as well as natural gas to help reduce emissions and create jobs, according to The Wall Street Journal.

BP America spokesman Ronnie Chappell noted that the bills’ allowance structure for coal-burning electric utilities would soften the demand for natural gas and would make the carbon market much more volatile.

The push for climate change reform has slowed over the past few months due to bipartisan skepticism regarding cap-and-trade legislation and controversy concerning the science behind global warming.
ADNFCR-1961-ID-19622200-ADNFCR

Special To Personal Liberty

You Sound Off! is written by our readers and appears the last Wednesday of each month. If you would like to submit an article or letter to the editor for consideration for You Sound Off!, send it to yousoundoff@personalliberty.com by the Friday before the last Wednesday of the month. To be considered, a submission should be 750 words or less and must include the writer's name, address and a telephone number. Only the writer's name will be published. Anonymous submissions will not be considered.

Facebook Conversations

Join the Discussion:
View Comments to “Major Energy Companies Pullout Of Climate Coalition”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.