In Wake of Climategate Revelations, Duke Energy CEO Jim Rogers Should Stop Lobbying for Cap-and-Trade Legislation and Reassess his Climate Change Business Strategy, Says Free Enterprise Project

December 3, 2009

WASHINGTON, Dec. 3 /PRNewswire-USNewswire/ — The Free Enterprise Project of the National Center for Public Policy Research is calling on Duke Energy CEO Jim Rogers to cease lobbying for cap-and-trade in the wake of revelations regarding the integrity of processes underpinning the Intergovernmental Panel on Climate Change’s climate conclusions.

The IPCC is the U.N. body that concluded man’s activity is responsible for global warming.

In a scandal now known as “Climategate,” released documents from a British university reveal what appear to be efforts to manipulate data to support the preexisting views of leading climate researchers.

Raw data also has been destroyed.

IPCC reports are frequently relied upon by corporations and governments to develop policy.

“For the sake of his company, shareholders and customers, Rogers must stop lobbying for a law whose scientific foundation could be made of sand. Given the questions surrounding the integrity of scientists that contributed to the IPCC report, Rogers must conduct an internal review to independently evaluate the impact of manipulated and destroyed data on Duke Energy’s climate change policy,” said Tom Borelli, Ph.D., director of the Free Enterprise Project.

A Duke Energy report states, “…our policy positions are driven by the IPCC peer-reviewed science and by our judgment that this science is not only credible, but that it is accepted by the vast majority of public policymakers who will shape U.S. climate legislation in the years to come.”

“Rogers must exercise his fiduciary responsibility to shareholders by carefully assessing whether he has been duped by a group of rogue climate change scientists. The burden of proof is now on Rogers to show his global warming policy is sound and Duke Energy’s board of directors must hold him accountable,” said Borelli.

Rogers has taken a high-profile role in lobbying for cap-and-trade, including testifying in Congress and appearing in advertising.

“If climate change is proven to be a fraud, the billions of dollars of carbon credits Rogers is seeking from cap-and-trade legislation will be worthless. There is no secondary market for a government contrived commodity such as carbon dioxide,” added Borelli.

For more visit http://www.freeenterpriser.com or http://www.nationalcenter.org.

SOURCE Free Enterprise Project of the National Center for Public Policy Research

Source: newswire

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