Wednesday, February 17, 2010

Defections Shake Up Climate Coalition

http://online.wsj.com/article/SB10001424052748704804204575069440096420212.html

Three big companies quit an influential lobbying group that had focused on shaping climate-change legislation, in the latest sign that support for an ambitious bill is melting away.

"The saying in Washington is that if you're not at the table, you're on the menu," said Whitney Stanco, an energy policy analyst for Concept Capital, a Washington research firm.

The big-tent approach boosted USCAP's influence. In January 2009, the group released its recommendations for legislation. Many were incorporated into legislation, adopted by the House, that would require companies to reduce carbon emissions or buy pollution credits from firms that did.

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