Protesters decry Caterpillar's support of CO2 limits
(Crain’s) — "Dozens of business and public policy groups urged Caterpillar Inc. Wednesday to withdraw its support for proposed limits on carbon dioxide emissions.From Crains ChicagoBusiness
Caterpillar is a member of US-CAP, a 27 member organization pushing for cap-and-trade legislation to regulate energy use in the United States.
The Congressional Budget Office found that the restrictions USCAP seeks would hurt the poorest fifth of the population more than other income groups.
Here's USCAP's membership list. This is what is meant by the term "An unholy alliance" or as economist Bruce Yandle called it "Bootleggers and Baptists", referring to the Prohibition era coalition of rent-seekers and true-believers.
USCAP Members Include:
- Alcan Inc.
- Alcoa
- American International Group, Inc. (AIG)
- Boston Scientific Corporation
- BP America Inc.
- Caterpillar Inc.
- ConocoPhillips
- Deere & Company
- The Dow Chemical Company
- Duke Energy
- DuPont
- Environmental Defense
- FPL Group, Inc.
- General Electric
- General Motors Corp.
- Johnson & Johnson
- Marsh, Inc.
- National Wildlife Federation
- Natural Resources Defense Council
- The Nature Conservancy
- PepsiCo
- Pew Center on Global Climate Change
- PG&E Corporation
- PNM Resources
- Shell
- Siemens Corporation
- World Resources Institute
Part Three
