« The month the world economy came to a crashing halt. | Main | The mortgage emperor still has no clothes. »

A harbinger of things to come?

Exelon, one of the country's largest utilities, said Monday that it would quit the United States Chamber of Commerce because of that group’s stance on climate change. It was the latest in a string of companies to do so, perhaps a harbinger of how intense the fight over global warming legislation could become.

But this is the money quote:

"The carbon-based free lunch is over," said John W. Rowe, Exelon's chief executive. "Breakthroughs on climate change and improving our society’s energy efficiency are within reach."

Could it be a new movement, or is it just an isolated case?

A wave of departures from the chamber has been building for weeks. It was heralded Monday by some Congressional Democrats and environmentalists as a sign that the business community’s opposition to global warming legislation is weakening. In their view, that improves the chances that a global warming bill that narrowly passed the House in June might also pass the Senate.

Once we get passed the health care reform debate, stay tuned for the real battle on climate change legislation. Paul Krugman's got his eye on this one, here at "Cassandras of Climate" and "It's Easy Being Green."

Name (required)
Email
Website
Remember personal info? Yes   No
Comments

home | music | democracy | earth | money | projects | about | contact

Site design by Matthew Fries | © 2003-23 Consilience Productions. All Rights Reserved.
Consilience Productions, Inc. is a 501(c)(3) non-profit organization.
All contributions are fully tax deductible.