President Obama is facing a tough time shepherding the same level of support from the business community for his environmental agenda that he touted during his first term. Politico reports he would do well to broaden his base of support, given the loss of several who once supported his cap-and-trade.
"The people who led last time are not there to lead now for a variety of reasons," said David Crane, president and CEO of NRG Energy in a Politico report.
Some examples: John Rowe, retired CEO of Chicago-based Exelon, who was one of Mr. Obama's early backers on cap-and-trade, Politico reported. Other backers who are retiring, or have retired, include Jim Rogers, Duke Energy CEO; Lew Hay, NextEra Energy executive chairman; Peter Darbee, CEO of Pacific Gas & Electric; and Jeff Serba, CEO of PNM Resources, Politico reported.
"There is a need," Mr. Rowe said to Politico, "to identify some new names."
Distributed by MCT Information Services
Most Popular Stories
- SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
- Social Media Initiatives Should Follow Customers' Lead
- Apple CEO: Offshore Units Not a 'Tax Gimmick'
- U.S. Senate Accuses Apple of Large-scale Tax Avoidance
- UTEP Water Recycling Project Wins Venture Titles
- Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
- Bieber Booed at Billboard Awards
- Crude Oil Up, Gasoline Down
- Austin Startup Compare Metrics Raises $3.5 Million for Expansion
- Why So Many Top 'Car Guys' Are Actually Women