US Chamber of Commerce President Tom Donohue's Climate Conflict of Interest
I have frequently wondered on this blog why the U.S. Chamber of Commerce is taking a leading role in opposing the climate bill when many of its 3 million member companies actually support the legislation. Now comes an interesting post from the NRDC's Switchboard blog (via Climate Progress) that begins to answer that question. It turns out that for the past 11 years Chamber President Tom Donohue has also served as a highly-compensated board member of Union Pacific Railroad, which earns some 20 percent of its revenues from carrying coal. Moreover, Union Pacific has given $700,000 to the Chamber since 2004.
Conflict of interest? Sure sounds like it. Maybe it's time for those Chamber members who first questioned its climate approach to raise a stink about this.