Largest Electric Utility in US Drops Out of the Chamber of Commerce
Yet another blow for the Chamber of Commerce today: The largest electric utility company in the US vowed this morning that it would not renew its membership in the chamber because of its opposition to global warming action.
Exelon Corp. CEO John Rowe dropped the news in a speech before the annual meeting of the American Council for an Energy-Efficient Economy (ACEEE). "Exelon is so committed to climate legislation that Rowe announced during today’s speech that Exelon will not be renewing its membership in the U.S. Chamber of Commerce due to the organization’s opposition to climate legislation," the group said in a press release this morning.
This marks the third major departure from the Chamber over climate policy in just over a week, following the exit of California utility PG&E and New Mexico utility PNM. Exelon is a member of the US Climate Action Partnership, a coalition of environmental and business leaders advocating for a climate bill in Congress.
Rowe appeared in ads in support of a climate bill earlier this year. "I’m a utility CEO—not who you’d expect to be for a cap on carbon pollution," Rowe said. "But a smart cap will overhaul our economy by shifting us toward clean, American-made energy. And a smart cap will control costs and protect your family’s budget."
Rowe is also a big conservative funder, and has donated $10,000 to the National Republican Congressional Committee for each of the past two years.
I wonder if William Kovacs, the chamber’s senior vice president for environment, technology and regulatory affairs, is regretting that "Scopes monkey trial" comment yet.