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10/5/09

Forbes: Why Climate Change Legislation Is Turning Corporate America Green - by John Entine

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Why Climate Change Legislation Is Turning Corporate America Green - by John Entine

What's the "green" driving some high-profile corporations to break with the country's largest business lobbyist over climate change? Hint: It's not the environmental kind. This is a precarious moment for supporters of a measured approach to carbon emissions legislation. On Thursday, Nike became the latest prominent U.S. company to break from the U.S. Chamber of Commerce over its fierce opposition to the cap-and-trade bill now languishing in the Senate. Nike resigned its seat on the board just a few days after Exelon announced its intention to quit the Chamber altogether, painting the nation's largest business lobby as scientific obstructionists.

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