Beware the eco-industrial complex

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President Dwight D. Eisenhower famously warned Americans in 1961 against the growing and unwarranted influence on our government of a "military-industrial complex." The 2007 version of this concern should focus on the looming eco-industrial complex.

Just this week the so-called U.S. Climate Action Partnership (USCAP) announced its presence and called for "the federal government to quickly enact strong national legislation to require significant reductions of greenhouse gas emissions." USCAP members include: Alcoa, BP America , Caterpillar Inc., Duke Energy, DuPont, Environmental Defense, FPL Group, General Electric, Lehman Brothers, Natural Resources Defense Council, Pew Center on Global Climate Change, PG&E Corp., PNM Resources, World Resources Institute.

USCAP is obviously a politically and economically formidable group that plans to press Congress and the Bush administration for global warming regulation, including the ever-dubious cap-and-trade of greenhouse gas emissions.

At face value, USCAP comes off as a mutually beneficial partnership between big business and environmental groups. If successful, the environmentalists get the economy-controlling global warming regulation they been working toward since the late-1980s. The companies plan to profit (at least short term) from either the cap-and-trade provisions or from selling high-priced, politically favored (if not mandated) so-called "green" technology to the rest of us -- whether we need it or not and regardless of whether it produces any environmental or societal benefits.

These, of course, are reasons enough to be concerned about USCAP -- but the subsurface view of what USCAP represents is even more ominous.

As described in a 2004 book titled, "Biz-War and the Out-of-Power Elite: The Progressive-Left Attack on the Corporation," left-leaning environmental groups, labor groups and human-rights groups have been quietly working to harness (hijack?) the influence, power and resources of large publicly owned corporations in order to carry out the Left's social and political agenda.

Since the election of Ronald Reagan in 1980, it has been increasingly difficult for the Left to advance its social agenda through the public political process. This has certainly been true on environmental issues, in general, and global warming, in particular.

Environmentalists, for example, tried and failed to impose the Kyoto Protocol on the U.S. -- despite the active support of the Green-friendly Clinton administration. Other Kyoto-like legislation -- such as the so-called McCain-Lieberman bill -- also failed the political test.

But just as the political prospects for global-warming regulation seemed to fade, the environmentalists' longstanding efforts to capture the corporation began to gain traction, thanks to successful pressure campaigns against the CEOs of financial service companies.

The Rainforest Action Network's campaign against Citigroup Chairman Sandy Weill resulted in the bank agreeing to give environmentalists a say in the bank lending process. The capitulation of Citigroup, America's largest bank, was quickly followed by similar surrenders by the next largest U.S. banks, Bank of America and JPMorgan Chase & Co.