Cap-and-Trade Cracks Up

The coalition of major corporations hoping to get rich off cap-and-trade legislation started to crack up yesterday when BP America, Conoco Phillips, and Caterpillar dropped out of the U. S. Climate Action Partnership (or US CAP [www.us-cap.org]). Their defections end the exceedingly small remaining chance that cap-and-trade could be enacted this year.

BP America and Conoco Phillips did not pull out because they realized that the Climate-gate scientific fraud scandal has revealed that global warming alarmism is based on junk science. Nor did they pull out because they finally recognized that energy-rationing policies will wreck the U. S. economy. They pulled out when it became clear that they were not going to get rich off the backs of American consumers if the cap-and-trade bill enacted is anything like the specific bills being considered in Congress.

http://www.foxnews.com/opinion/2010/02/17/myron-ebell-cap-trade-conoco-p...

Wake up America! The Global Warming Hoax is not about saving Mother Earth. The very corporations that the tree huggers are trying to put out of business are the very ones who plan to get rich off of Climate Change Legislation. Just as you have made it clear you don't want ObamaCare you must make it clear you don't want ObamaAir!