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QUITTING THE CHAMBER

QUITTING THE CHAMBER



Another disgruntled dis·grun·tle  
tr.v. dis·grun·tled, dis·grun·tling, dis·grun·tles
To make discontented.



[dis- + gruntle, to grumble (from Middle English gruntelen; see
 giant is leaving the U.S. Chamber of Commerce The U.S. Chamber of Commerce is the world's largest not-for-profit federation of businesses, representing more than 3 million businesses and organizations in the United States. As of 2003, the chamber was comprised of 3000 state and local chambers and 830 business associations. . In mid-September two big utilities, Pacific Gas & Electric and PNM Resources PNM Resources NYSE: PNM is an energy holding company based in the U.S. state of New Mexico. Headquartered in Albuquerque, PNM Resources supplies electricity to 725,000 homes and businesses in New Mexico and Texas and natural gas to 471,000 customers in New Mexico through its , quit the Chamber to protest its opposition to legislation capping greenhouse-gas emissions, and on Sept. 28, Exelon, one of the nation's biggest utilities, joined them. "Inaction on climate is not an option," said Exelon CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  John Rowe, a staunch Republican, adding that a law putting a price on carbon output is essential. Of course, Exelon operates many nuclear plants, which pump out few greenhouse gases, but other strong backers of the legislation include major burners of coal, such as Duke Energy. Those utilities won relatively favorable treatment in the bill the House passed in June.

See PAGE 055 "The Clash Over Clean Power"
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Author:Hary Maurer & Cristina Linblad
Publication:BusinessWeek
Date:Oct 8, 2009
Words:128
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