Wednesday, October 14, 2009

Another group exiting the U.S. Chamber?

Speculation is swirling that MacAndrews & Forbes Holdings, a holding company owned by multi-billionaire Ronald Perelman will leave the U.S. Chamber of Congress over, you guessed it, the organization's climate change policy.

According to the Huffington Post:
Executives at MacAndrews & Forbes Holdings, which owns significant stakes in a range of companies, most notably cosmetics maker Revlon, have been holding internal discussions on whether to pull out of the chamber over its recent challenge to the Clean Air Act.
A spokesperson said that the company is concerned about the Chamber's climate change policy.
"There have been internal discussions about making our position known, meaning that we would like the chamber to have a different point of view," said spokeswoman Christine M. Taylor. The chamber's position on climate change "is a concern of ours," she said.

"We want to be on the right side. We're supporters of clean energy, environmental protection -- Ronald [Perelman] is involved with the NRDC [Natural Resources Defense Council]. We want to state our position," Taylor said.
Most businesses would consider it a wakeup call when the largest, biggest-named corporations wants nothing to do with them. Today even saw a Bush-era memo released showing the administration blatantly ignored the calls for legislation years ago. Yet the Chamber continues with its tried and failed policies, then wonders why it continues to fall apart.

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