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Is the U.S. Chamber of Commerce stupid? And why it matters

Source: VentureBeat

Oct 08, 2009

Summary

It’s been a remarkable few days for the U.S. Chamber of Commerce, the 3 million-member business federation that says it spends more money on lobbying than any other organization in the U.S.

When the Chamber recently took a strong stance against federal policy and other legislative proposals that will regulate greenhouse emissions, it forced several companies to quit the Chamber in protest. These companies, including large California utility PG&E and Apple, argue the Chamber’s stance is archaic and incompatible with their views.

Because he’s been dragged into the news, the Chamber’s president Tom Donohue is getting more scrutiny. And it turns out that he serves on the board of Union Pacific Railroad. That’s significant for two reasons. First, the railroad is heavily dependent on the business of transporting coal for its revenues, and has admitted it could be adversely affected by the legislation:

“We May Be Affected by Climate Change and Market or Regulatory Responses to Climate Change…Restrictions, caps, taxes, or other controls on emissions of greenhouse gasse

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