Written By : TrogloPundit

Kerry: Three Big Oil Companies Likely to Back Climate Bill

When Sens. John Kerry, Lindsey Graham and Joe Lieberman release their climate bill on Monday, they expect to have the backing of three of the five major oil companies, Mother Jones has learned. In a conference call with a coalition of progressive business leaders on Thursday evening, Kerry said he believes those companies will “actively participate in supporting this bill.” He hopes the other big oil companies will at least hold their fire on the bill, and added that he believes the American Petroleum Institute (API), the oil industry’s major trade group, will call off its ad campaign attacking the legislation.

Well, why shouldn’t they? Considering the political changes likely to occur come November, why not “hold fire,” take the easier, more PR-friendly route, and simply let the tides of American electoral politics do the work of defeating this legislation for them?

One more thing: the story has a bunch of bullet points about the bill, that really make it look like it’s not all that bad.

Maybe it isn’t, but whaddaya say we wait until they release something they actually intend to vote on, and then we’ll see?

Posted by The TrogloPundit. Via Memeorandum.

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