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Are efforts underway to marginalize the research behind global warming? Or is it all some giant misunderstanding?
California utility company PG&E Corp [PCG
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] has quit the U.S. Chamber of Commerce in protest over the group's attempts to marginalize the research behind global warming.
Calling the Chamber’s position "extreme" CEO Peter Darbee says he’s concerned about “disingenuous attempts to diminish or distort the reality of (this) challenge.”
In a blog, Darbee also says another U.S. utility, Duke Energy [DUK
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], and French power plant parts maker Alstom Power have both recently left the American Coalition for Clean Coal Electricity, citing that group's opposition to U.S. climate change legislation.
Is big business trying to sideline the green movement? Or is it all some kind of terrible misunderstanding. Find out for yourself. Watch our interview with PG&E’s Darbee now!
* we should have this video for you in just a few minutes
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Trader disclosure: On Sept. 23rd, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova Owns (F); Terranova Owns (F) Calls And (F) Puts; Terranova Works For (VRTS); Najarian Owns (ACI) Call Spread; Najarian Owns (C) Calls; Najarian Owns (DELL) Call Spread; Najarian Owns (ERTS) Call Spread; Najarian Owns (GE) Calls; Najarian Owns (JPM) And Is Short (JPM) Calls; Najarian Owns (MS) And Is Short (MS) Calls; Najarian Owns (MSFT) And Is Short (MSFT) Calls; Najarian Owns (PALM) Calls; Najarian Owns (ORCL); Najarian Owns (TEVA); Najarian Owns (V) And (V) Calls; Najarian Owns (WFC) Put Spread; Najarian Owns (YHOO) Call Spread; Finerman's Firm Owns (MSFT), (NOK), (PBR), (WMT), (RIG), (TGT), (BDX); Finerman's Firm Owns (BAC) Preferred Shares, Finerman Owns (BAC) Preferred Shares And Owns (BAC); Finerman Owns (RIG); Finerman's Firm Owns (WFC) Preferred Shares And Is Short (WFC); Finerman Owns (WFC) Preferred Shares; Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM), (USO); Seymour Owns (AAPL), (BAC), (RIG), (SBUX), (FXI), (F), (TTM)
For Jim Suva
Citigroup Owns (PALM)
Citigroup Has Received Compensation From (PALM)
Citigroup Is A Market Market In Securities of (PALM)
Citigroup Is A Market Market In Securities of (RIMM)
For Dennis Gartman
Gartman Owns Gold
CNBC.com with wires
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