News Flash! Water still runs downhill only

by Roger Koppl

Today’s Los Angeles Times reports that “Businesspeople join the ranks of climate treaty proponents.” This support is old news as I noted last May in a post entitled “Water does not run uphill.”  The L A Times report nevertheless express surprise saying, “an unlikely batch of advocates has emerged to champion a new global warming agreement: businesspeople.”  And yet the same article contains clear statements that many big businesses see profit opportunities in a climate treaty.

Climate laws are barriers to entry.  

Water does not run uphill

by Roger Koppl

The Los Angeles Times reports, “Industry is warming up to Obama’s climate plan.”  It seems many big businesses, including Alcoa, want to go green.  To what do we owe this sudden tree-hugging zeal?  It could be an altruistic desire to save the planet, but I have a more skeptical opinion.  I think they see it as a way to keep the competition at bay.