5 big firms back out of Obama climate deal-UK Guardian

• BP, Caterpillar and ConocoPhillips drop out of US Climate Action Partnership.
  
• Joining them as well are the Xerox Corporation and Marsh Insurance Corp.
  

"Barack Obama suffered a setback to his green energy agendatoday when three (actually 5) major corporations – including BP America – dropped out of a coalition of business groups and environmental organisations that had been pressing Congress to pass climate change legislation.

• The defections by ConocoPhillips, America's third largest oil company, Caterpillar, which makes heavy equipment, and BP rob the
  
• US Climate Action Partnership of three powerful voices for lobbying Congress to pass climate change law.

They also undercut Obama's efforts to cast his climate and energy agenda as a pro-business, job-creation plan....

• Officials from BP and ConocoPhillips said that the proposals before Congress for curbing greenhouse gas emissions did not do enough to recognise the importance of natural gas, and were too favourable to the coal industry."...by Suzanne Goldenberg via Tom Nelson
  

Don't worry, climate profiteers with trillions at stake are now set on breaking US citizens with a carbon tax. ed. story of the addition of Xerox and Marsh to dropouts via Tom Nelson