BP America, Conoco Phillips, and Caterpillar (among others) have announced their intentions to quit the Climate Action Partnership, a group whose mission is to "call on the federal government to enact legislation requiring significant reductions of greenhouse gas emissions."
BP American says it "intends to go solo in its quest to influence the national discussion on climate change." Conoco says it's quitting to "focus on reducing near-term greenhouse gas emissions by developing its natural gas operations." Caterpillar says it wants "to focus on commercializing technologies that it said would accomplish the same goals pursued by U.S. CAP."
What they didn't say was said for them by Myron Ebell, Director of Energy and Global Warming Policy at the Competitive Enterprise Institute ("a public interest group dedicated to free enterprise and limited government"):
BP America, Conoco Phillips, and Caterpillar are recognizing that cap-and-trade legislation is dead in the U. S. Congress and that global warming alarmism is collapsing rapidly. We hope that other major corporations will soon see the light and drop their support for cap-and-trade and other energy-rationing legislation.
What also wasn't mentioned in any of the articles about BP, Conoco, and Caterpillar is that lawsuits are starting to pop up challenging the EPA's so-called Global Warming regulations specifically because of new revelations that man-made climate change is a lie and has been uncovered as a hoax and a generation-long falsehood:
In two separate filings Tuesday, the Competitive Enterprise Institute challenged massive energy regulations forthcoming from the Environmental Protection Agency. The actions come in the wake of damaging disclosures this week by Phil Jones, head of the disgraced British Climate Research Unit, who reversed himself on several basic issues in a BBC interview.
There will be more of this; withdrawals from feel-good coalitions to save mankind from something that doesn't exist...and the lawsuits needed to begin unraveling years of the mess our politicians and activists have made. Someday there will be legislation enacted to make things right, though Politicians with the will to see it through might not be in any hurry. It's going to take many successful litigations from the private sector and many billions of dollars in Jury awards, but we'll get there.
BP, Conoco, and Caterpillar...to name a few...are betting on it.