Washington DC: Duke Energys Support of President Obamas Cap-and-Trade Policy to Be Challenged by Stockholders at Company Shareholder Meetings Thursday
Policy experts from the National Center for Public Policy Research are attending Duke Energys annual shareholder meeting Thursday to challenge the companys aggressive support of President Obamas cap-and-trade policy.
Duke Energy is a member of the United States Climate Action Partnership (USCAP) - a lobbying coalition of corporations and environmental activist groups who are seeking a national law to limit carbon dioxide emissions. USCAP played a key role in passing the Waxman-Markey cap-and-trade bill in the House of Representatives last year. Other USCAP members include troubled companies such as BP GM and Chrysler.
Tom Borelli Ph.D. director of the National Centers Free Enterprise Project will be presenting shareholder proposal 4: Shareholder Proposal Related to Preparation of a Report on Duke Energy Corporations Global Warming-Related Lobbying Activities on behalf of Shelton Ehrlich an individual shareholder.
Shareholders have a right to know how much of company assets are being dedicated to lobbying efforts for a law that will result in higher energy prices and slower economic growth. Duke Energy CEO Jim Rogers has gone all in - that is - put all of the companys chips on passing cap-and-trade said Tom Borelli.
Its special interest politics at its worst. It seems Duke Energy will be rewarded with potentially billions of dollars of carbon credits in exchange for the companys lobbying effort. However gambling Dukes future on the value of carbon dioxide - a naturally occurring gas with no intrinsic value - exposes shareholders to significant risk added Tom Borelli
Duke Energy is trying to bring President Obamas cap-and-trade dream to reality despite the economic cost. Recall Obama said during his presidential campaign Under my plan of a cap and trade system electricity rates would necessarily skyrocket said Deneen Borelli full-time fellow of Project 21.
Cap-and-trade is an example of the coordinated effort of big business and big government pursuing their agendas. Obama establishes a massive government program to control energy and big business hopes to make a quick buck while Americans pay for it all in terms of higher energy prices added Deneen Borelli.
Deneen and Tom Borelli will be representing the National Center for Public Policy Research which owns Duke Energy stock at its annual meeting in Charlotte North Carolina.
The National Center For Public Policy Research is a conservative free-market non-profit think-tank established in 1982. It is supported by the voluntary gifts of over 100000 individual recent supporters and receives less than one percent of its revenue from corporate sources.
The National Center for Public Policy Research can be visited online at www.nationalcenter.org.
Washington DC: Duke Energys Support of President Obamas Cap-and-Trade Policy to Be Challenged by Stockholders at Company Shareholder Meetings Thursday
Policy experts from the National Center for Public Policy Research are attending Duke Energys annual shareholder meeting Thursday to challenge the companys aggressive support of President Obamas cap-and-trade policy.
Duke Energy is a member of the United States Climate Action Partnership (USCAP) - a lobbying coalition of corporations and environmental activist groups who are seeking a national law to limit carbon dioxide emissions. USCAP played a key role in passing the Waxman-Markey cap-and-trade bill in the House of Representatives last year. Other USCAP members include troubled companies such as BP GM and Chrysler.
Tom Borelli Ph.D. director of the National Centers Free Enterprise Project will be presenting shareholder proposal 4: Shareholder Proposal Related to Preparation of a Report on Duke Energy Corporations Global Warming-Related Lobbying Activities on behalf of Shelton Ehrlich an individual shareholder.
Shareholders have a right to know how much of company assets are being dedicated to lobbying efforts for a law that will result in higher energy prices and slower economic growth. Duke Energy CEO Jim Rogers has gone all in - that is - put all of the companys chips on passing cap-and-trade said Tom Borelli.
Its special interest politics at its worst. It seems Duke Energy will be rewarded with potentially billions of dollars of carbon credits in exchange for the companys lobbying effort. However gambling Dukes future on the value of carbon dioxide - a naturally occurring gas with no intrinsic value - exposes shareholders to significant risk added Tom Borelli
Duke Energy is trying to bring President Obamas cap-and-trade dream to reality despite the economic cost. Recall Obama said during his presidential campaign Under my plan of a cap and trade system electricity rates would necessarily skyrocket said Deneen Borelli full-time fellow of Project 21.
Cap-and-trade is an example of the coordinated effort of big business and big government pursuing their agendas. Obama establishes a massive government program to control energy and big business hopes to make a quick buck while Americans pay for it all in terms of higher energy prices added Deneen Borelli.
Deneen and Tom Borelli will be representing the National Center for Public Policy Research which owns Duke Energy stock at its annual meeting in Charlotte North Carolina.
The National Center For Public Policy Research is a conservative free-market non-profit think-tank established in 1982. It is supported by the voluntary gifts of over 100000 individual recent supporters and receives less than one percent of its revenue from corporate sources.
The National Center for Public Policy Research can be visited online at www.nationalcenter.org.
