(Conservative Review) – Hijacking
the lobbying power of big business to advance the progressive agenda is a
bedrock of President Obama’s political strategy. Fearing the wrath of big
government, too many companies cower at President Obama’s feet and eagerly do
the president’s bidding.
The establishment of a corporatist
state will be one of the most destructive legacies of President
Obama. Obamacare became law because big business wanted it and now a
legion of companies are now backing the president’s climate change agenda.
Fast-forward to 2015 and a number of
big businesses are tripping over themselves to participate in Obama’s American
Business Act on Climate Pledge.
With ObamaCare, fear of harsh
regulations prompted pharmaceutical companies to work a deal with Obama on drug
prices and drug re-importation. After securing favorable terms, the drug industry aggressively
lobbied for ObamaCare including a $150 million advertising campaign.
Fast-forward to 2015 and a number of
big businesses are tripping over themselves to participate in Obama’s American
Business Act on Climate Pledge.
According to the White House,
81 companies have signed the pledge that includes supporting, “…a strong
outcome,” in the upcoming United Nations meeting in Paris on climate change and
a commitment “…to reduce their emissions, increase low-carbon investments,
deploy more clean energy, and take other actions to build more sustainable
businesses and tackle climate change.”
The backers of Obama’s climate
change pledge represent a diverse array of companies ranging from technology,
to consumer products and industrial companies.
While some businesses like renewable
energy companies see a profit motive by signing up, others are seeking a
public relations benefit by siding with environmental activists and their media
allies. Another group of companies see the pledge as a way to cozy up to
Obama to prevent a regulatory attack from the government.
Fear, not profit, appears to be the
motivation for some companies. Companies did not rally on their own to support
Obama’s climate change pledge. Rather they were actively recruited by White
House Senior Advisor Valerie Jarrett.
The Daily Caller’s Michael
Bastasch wrote about a letter circulating in the business community
that mentioned Jarrett was reaching out to companies to get them to support
Obama’s goals for the Paris meeting.
While EPA regulations targeting
emissions from power plants have bankrupted a number of coal mining companies,
the attack on coal will benefit corporations that sell renewable energy.
Jarrett was rounding up the usual
suspects to support Obama. GE, Pepsi, and Johnson and Johnson were companies
that previously supported Obama’s cap-and-trade policy to fight global warming.
Companies have every reason to fear
the government since Obama is using the power of the executive branch to reward
some companies and punish others.
While EPA regulations targeting
emissions from power plants have bankrupted a number of coal mining companies,
the attack on coal will benefit corporations that sell renewable energy.
With Obama’s aggressive tactics
serving as a background companies selling politically
incorrect products feel especially vulnerable.
For example, Coke and Pepsi are
under considerable public pressure from consumer activist groups that blame
sugar sweetened beverages for obesity. Most worrisome for beverage company
executives are calls for taxing soda.
Already facing a drop in demand for
carbonated beverages from changing consumer preferences, the last thing these
companies need is an Obama war on soda. The idea of a national soda tax is
not far-fetched. In a 2009 interview with Men’s Health Obama
supported the concept of a tax on soda saying, “I actually think it’s an idea
that we should be exploring. There’s no doubt that our kids drink way too much
soda.”
Adding to Coke and Pepsi’s concern
is Michelle Obama’s Let’s Move campaign aimed at reducing childhood
obesity. At one point Mrs. Obama commented positively about
former New York City Mayor Michael Bloomberg’s effort to ban large serving
sizes of sugary beverages.
Seeing impending doom on the horizon
beverage company CEOs leaped at the opportunity to do a favor for Obama. When
Jarrett asked for companies to jump for climate change the response was how
high.
Superficially, this is an easy call
for consumer product companies since their businesses are not significant
contributors of carbon dioxide and climate change regulations will not bankrupt
their industry like the coal industry.
However, their businesses are not
immune to the consequences of regulations that boost the price of fossil
fuels. Rising energy prices will add to the business cost of transporting
products and added fuel and utility costs will also take more money out of the
hands of consumers.
Finally, it’s only a matter of time
before some activist group recognizes that in addition to having lots sugar,
those bubbles in soda are from none other than carbon dioxide – a pollutant
according to the EPA.
CEOs foolishly think by supporting
Obama’s climate change policy they can buy peace and prevent the progressive
attack against their companies. It’s only a matter of time before the
progressive bell tolls for politically incorrect products like soda.
https://www.conservativereview.com/commentary/2015/10/the-real-reason-big-business-is-bowing-to-obamas-climate-change-agenda
http://www.teaparty.org/u-s-companies-bow-obamas-global-treaty-128449/
Comments
The TPP
is suicide for jobs and sovereignty. The Enemy Within includes Obama, the
Democrat Congress, the UN, the Communist foundations and non-profits, the
Banksters and the Big global Crony Companies are already controlling the US
government and it’s killing us. The TPP
is the lid on this stew. US jobs will
all go to new immigrants, UN courts will dictate US law, our electric bills
will increase 500%, our Constitution will be completely shredded.
Norb
Leahy, Dunwoody GA Tea Party Leader
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