AIG Withdraws From US Climate Action Partnership

Published by Sparki, February 11th, 2009 global warming 2 Comments

Interesting turn of events as AIG, the bailed out insurance giant, pulls out of US Climate Action Partnership (USCAP).

USCAP lobbies for cap and trade, but due to the obvious conflict of interest (i.e. the government now owns 80% of AIG), they are pulling out.

You may remember in Dec. 2007, Rising Tide spoofed USCAP with a hoax website saying that the lobbying group was calling for an 80% reduction by 2050 and a moratorium on new coal fired power plants.

Obviously, USCAP wants nothing of the sort, and I’m not convinced the government does either.

2 Responses to “AIG Withdraws From US Climate Action Partnership”

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1 Cascadia Brian Feb 12th, 2009 at 3:32 am

little correction – I believe the spoof was that the members of the lobby group were *implementing* a 90% by 2050 reduction themselves (not just lobbying for reductions)

http://www.risingtidenorthamerica.org/wordpress/2007/12/03/international-hoax-targets-us-business-consortium-amidst-bali-climate-negotiations/

what was interesting to me about this article was that AIG was apparently continued lobbying for USCAP’s policies using our money for a while before someone pointed out that maybe they shouldn’t be such sleaze bags.
2 Cascadia Brian Feb 12th, 2009 at 3:33 am

and, moreover, than USCAP was apparently fine with taking our tax money for this effort.

About

Scott Parkin is a Senior Organizer with Rainforest Action Network and organizes with Rising Tide North America. He has worked on a variety of campaigns around climate change, the wars in Iraq and Afghanistan, mountaintop removal, labor issues and anti-corporate globalization. Originally from Texas, he now lives in San Francisco.