BP Worries About The Climate

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MSimon
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BP Worries About The Climate

Post by MSimon »

Responding to President Obama’s speech on the oil disaster in the Gulf of Mexico, The National Center for Public Policy Research is calling attention to BP’s role in pushing Obama’s cap-and-trade energy policy.

BP was a founding member of the United States Climate Action Partnership – a lobbying coalition that played a key role in passing the Waxman-Markey cap-and-trade bill that passed the House of Representatives last year and the company also played a role in negotiating the terms of the Kerry-Lieberman bill recently introduced in the Senate.

“It’s ironic that Obama is touting legislation inspired by BP. While Obama criticized the oil industry’s influence over its regulators he failed to mention the role BP was playing in influencing the president’s cherished cap-and-trade legislation,” said Tom Borelli, Ph.D., Director of the National Center’s Free Enterprise Project.

“Maybe in addition to the tragedy in the Gulf, Obama and BP CEO Tony Hayward will discuss cap-and-trade legislative strategy when they meet,” added Tom Borelli.

According to The Hill, “Hayward indicated he was encouraged by the effort by Sens. John Kerry (D-Mass.), Lindsey Graham (R-S.C.) and Joseph Lieberman (I-Conn.) to write compromise climate legislation.” Other media outlets reported on BP’s effort to improve the elements of the bill.

Senator Kerry also mentioned BP as one of the companies that supports his cap-and-trade bill.

http://www.nationalcenter.org/PR-BP_Cap ... 61610.html
So you have to ask yourself. What is in it for BP?

Look at what Edison did to get the government to handicap his competition:

http://powerandcontrol.blogspot.com/2007/12/roots.html
Engineering is the art of making what you want from what you can get at a profit.

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