Tag Archive | "Inverstor Network in Climate Risk"

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Carney on AIG’s big government ways

In his Examiner column today, former CEI Brookes Fellow Tim Carney explodes the myth of AIG as a stalwart defender of free markets that caved in at the sight of federal dollars coming its way:

AIG in 2007 joined the U.S. Climate Action Partnership (US-CAP), a group whose purpose is to lobby for federal restrictions on greenhouse gases. Specifically, US-CAP lobbies for a scheme of mandatory federal caps on greenhouse gas emissions with tradable emission allowances—a “cap-and-trade” policy pushed hard by Enron…

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