Friday, April 23, 2010

Kerry says three major oil companies to back Senate climate plan

By GottaLaff

What are those sneaky Big Greasy Ol' Corporations up to now? Oh yeah, profit:

Sen. John Kerry (D-Mass.) expects that a powerful electric utility trade group and three major oil companies will support the climate and energy bill he and two colleagues will unveil Monday, according to a source on a conference call Kerry held for business leaders Thursday evening.

So who are these possible "allies"?

The oil companies that will back the plan are BP, ConocoPhillips and Shell, according to The Washington Post.

Yeah, we trust those oil slicks about as far as we can throw them. What could be spurring them, and possibly others, to cooperate?

It could have something to do with the "$10 billion in support for 'clean coal' technologies and free pollution allowances for refiners to cover motor fuel emissions". Oh, and the investment in nukes. And this:

Sources familiar with the briefing also said the measure would preempt state and regional greenhouse gas rules, which is a key goal for a variety of industry groups but has been strongly attacked by environmentalists and state officials. The bill would also block EPA regulation of greenhouse gases under its current Clean Air Act powers, one source said.

So many compromises, so little time.

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