Largest Electric Utility in US Drops Out of the Chamber of Commerce

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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.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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