Caterpillar CEO Commits to Pro-Cap-and-Trade Lobbying Course While Admitting Risk to USA and His Own Corporation; Says Stockholders Who Object Can Just Sell Their Stock

Washington, DC – Caterpillar CEO James Owens admitted Wednesday at his company’s annual stockholder meeting that the carbon caps his company supports could hurt the U.S., U.S. heavy industry and Caterpillar itself. Owens made the admission in response to questioning by Tom Borelli, director of … Continue reading Caterpillar CEO Commits to Pro-Cap-and-Trade Lobbying Course While Admitting Risk to USA and His Own Corporation; Says Stockholders Who Object Can Just Sell Their Stock