Three Big Firms Pull Out of Climate Partnership

Does this mean that Common Sense is returning to the climate debate by some of these companies. The jury is still out but this looks to be a step in the right direction.

Three Big Firms Pull Out of Climate PartnershipWall Street Journal
2-16-10
STEPHEN POWER And BEN CASSELMAN

WASHINGTON—Three large corporations are quitting the U.S. Climate Action Partnership, a broad group of businesses and environmental organizations that has been instrumental in building support in Washington for capping U.S. emissions of greenhouse gases.

Oil giants BP PLC and ConocoPhillips along with Caterpillar Inc., the Peoria, Ill., heavy-equipment maker, have decided against renewing their membership in the organization, according to a statement released by the group Tuesday.
Red Cavaney, ConocoPhillips senior vice president for government affairs, said USCAP was focused on getting a climate-change bill passed, whereas Conoco is increasingly concerned with what the details of such a bill would be.

"USCAP was starting to do more and more on trying to get a bill out without trying to work as much on the substance of it," Mr. Cavaney said.

Excerpt: Read more at online.wsj.com