The Wheels are Falling Off the Global Warming Juggernaut

Sometimes you get half the story and only stumble on the rest.

This week, ConocoPhillips, BP and Caterpillar Inc. quit the United States Climate Action Partnership. Most activists brushed the defection away. Two of the three, BP and Caterpiller were founding members of the Partnership. Another founding member was the late and unlamented Lehman Brothers of the subprime mortgage fame.

The partnership in January 2007 advised President George W. Bush that mandatory emissions caps would be needed to reduce the flow of carbon dioxide and other heat-trapping gases into the atmosphere.

Members of Climate Action Partnership include: (Red denotes Leftwing) List from Pew Center on Global Climate Change.
•AES
•Alcoa - FOUNDING MEMBER
•Alstom
•Boston Scientific
•BP America
•Caterpillar
•Chrysler
•ConocoPhillips
•Deere & Company
•The Dow Chemical Company
•Duke Energy- FOUNDING MEMBER
•DuPont
•Environmental Defense Fund -(Advocacy group)- FOUNDING MEMBER
•Exelon Corporation (Why Obama admin. wants nuclear power.)
•Ford Motor Company
•FPL Group
•General Electric
•General Motors Corporation - FOUNDING MEMBER
•Johnson & Johnson
•Natural Resources Defense Council (Advocacy group)- FOUNDING MEMBER
•The Nature Conservancy (Advocacy group)- FOUNDING MEMBER
•NRG Energy
•PepsiCo
•Pew Center on Global Climate Change- (Advocacy Group)- FOUNDING MEMBER
•PG&E Corporation - FOUNDING MEMBER
•PNM Resources - FOUNDING MEMBER
•Rio Tinto - FOUNDING MEMBER (British & Australian firm)
•Shell (Dutch & British)
•Siemens Corporation (German)
•World Resources Institute -FOUNDING MEMBER

Former member of the group, AIG, the disgraced insurer with the checkered past, wanted to "help shape a broad-based cap-and-trade legislative proposal, bringing to this critical endeavor a unique business perspective on the business opportunities and risks that climate change poses for our industry." You know, like they did for derivatives.