In Wake of ClimategateRevelations, Duke Energy CEO Jim Rogers Should Stop Lobbying forCap-and-Trade Legislation and Reassess his Climate Change BusinessStrategy, Says Free Enterprise Project
WASHINGTON, Dec 03, 2009 /PRNewswire-USNewswire via COMTEX News Network/ --
TheFree Enterprise Project of the National Center for Public PolicyResearch is calling on Duke Energy CEO Jim Rogers to cease lobbying forcap-and-trade in the wake of revelations regarding the integrity ofprocesses underpinning the Intergovernmental Panel on Climate Change'sclimate conclusions.
The IPCC is the U.N. body that concluded man's activity is responsible for global warming.
Ina scandal now known as "Climategate," released documents from a Britishuniversity reveal what appear to be efforts to manipulate data tosupport the preexisting views of leading climate researchers.
Raw data also has been destroyed.
IPCC reports are frequently relied upon by corporations and governments to develop policy.
"Forthe sake of his company, shareholders and customers, Rogers must stoplobbying for a law whose scientific foundation could be made of sand.Given the questions surrounding the integrity of scientists thatcontributed to the IPCC report, Rogers must conduct an internal reviewto independently evaluate the impact of manipulated and destroyed dataon Duke Energy's climate change policy," said Tom Borelli, Ph.D.,director of the Free Enterprise Project.
A Duke Energy reportstates, "...our policy positions are driven by the IPCC peer-reviewedscience and by our judgment that this science is not only credible, butthat it is accepted by the vast majority of public policymakers whowill shape U.S. climate legislation in the years to come."
"Rogersmust exercise his fiduciary responsibility to shareholders by carefullyassessing whether he has been duped by a group of rogue climate changescientists. The burden of proof is now on Rogers to show his globalwarming policy is sound and Duke Energy's board of directors must holdhim accountable," said Borelli.
Rogers has taken a high-profilerole in lobbying for cap-and-trade, including testifying in Congressand appearing in advertising.
"If climate change is proven tobe a fraud, the billions of dollars of carbon credits Rogers is seekingfrom cap-and-trade legislation will be worthless. There is no secondarymarket for a government contrived commodity such as carbon dioxide,"added Borelli.
For more visit https://www.freeenterpriser.com or https://www.nationalcenter.org.
SOURCE Free Enterprise Project of the National Center for Public Policy Research
https://www.nationalcenter.org
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