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The Real Reason Big Business is Bowing to Obama’s Climate Change Agenda

Deneen BorelliNovember 4, 2015

22 1 minute read

President Barack Obama, flanked by Intren CEO Loretta Rosenmayer, left, and Berkshire Hathaway Energy CEO Gregory Abel gestures after speaking to members of the media regarding his meeting with business leaders in the Roosevelt Room of the White House in Washington, Monday, Oct. 19, 2015. Obama met with the leaders from across the country to discuss the importance of efforts to tackle climate change. (AP Photo/Pablo Martinez Monsivais)

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Originally posted by Tom Borelli on Conservative Review.

Hijacking the lobbying power of big business to advance the progressive agenda is a bedrock of President Obama’s political strategy. Fearing the wrath of big government, too many companies cower at President Obama’s feet and eagerly do the president’s bidding.

The establishment of a corporatist state will be one of the most destructive legacies of President Obama. Obamacare became law because big business wanted it and now a legion of companies are now backing the president’s climate change agenda.

With ObamaCare, fear of harsh regulations prompted pharmaceutical companies to work a deal with Obama on drug prices and drug re-importation. After securing favorable terms, the drug industry aggressively lobbied for ObamaCare including a $150 million advertising campaign.

Fast-forward to 2015 and a number of big businesses are tripping over themselves to participate in Obama’s American Business Act on Climate Pledge.

According to the White House, 81 companies have signed the pledge that includes supporting, “…a strong outcome,” in the upcoming United Nations meeting in Paris on climate change and a commitment “…to reduce their emissions, increase low-carbon investments, deploy more clean energy, and take other actions to build more sustainable businesses and tackle climate change.”

The backers of Obama’s climate change pledge represent a diverse array of companies ranging from technology, to consumer products and industrial companies. While some businesses like renewable energy companies see a profit motive by signing up, others are seeking a public relations benefit by siding with environmental activists and their media allies. Another group of companies see the pledge as a way to cozy up to Obama to prevent a regulatory attack from the government.

Fear, not profit, appears to be the motivation for some companies. Read more.

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Deneen BorelliNovember 4, 2015

22 1 minute read

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with CloutHub.com, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a BlazeTV.com host, Outreach Director with FreedomWorks.org overseeing its Empower.org outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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