The coalition of major corporations hoping to get rich off cap-and-trade legislation started to crack up yesterday when BP America, Conoco Phillips, and Caterpillar dropped out of the U. S. Climate Action Partnership (or US CAP ). Their defections end the exceedingly small remaining chance that cap-and-trade could be enacted this year.
BP America and Conoco Phillips did not pull out because they realized that the Climategate scientific fraud scandal has revealed that global warming alarmism is based on junk science. …
