Bain, climate change and Romney's Achilles heel

By | January 23, 2012

Yet another debate looms. Will the moderator dare ask questions related to climate change legislation, CO2 emissions, the potential for millions of dollars in profit to Romney’s former employer Bain & Company should a global carbon trading system be thrust upon the United States?

Doubtful.

For months I have begged, pleaded, Facebook’d and Tweeted to debate moderators from nearly every debate thus far to PLEASE ask the question, “Do you or your investments stand to make significant financial gains through climate change legislation?” Not one moderator has bitten. Heck, not one REPORTER on the campaign trail has bothered to ask anything remotely resembling a question about Romney’s climate change beliefs and how it relates to his work at Bain.

The truth is, voters need to know the answer… before the GOP nomination process is complete. As noted just last summer, Romney has never backed off his assertion that human beings are creating global warming and that world leaders need to do something about it.

This conversation is particularly important this week as the World Economic Forum converges in Davos, Switzerland. Bain & Company is “proud to be a strategic partner and active member of the World Economic Forum, an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas.” (www.bain.com)

Bain & Company is quite clear on their opinions of climate change and carbon emissions. In one post entitled “The green edge: Why carbon competitiveness matters,” Bain writers attempt to convince potential clients to “gain a lead over industry rivals by reducing your company’s exposure to carbon.”

Bain offers strategies to overcome the inevitable carbon regulations imposed by governments worldwide.

“As governments around the globe regulate the emission of greenhouse gases with increasing severity in the next two decades, carbon dioxide (CO2) emissions will become a financial liability, not just at the industry level but also at the company level. Carbon regulation will change the competitive landscape of many industries but will also fundamentally change the competitive standing of individual companies within the industry.”

The cozy relationship between the WEF and Bain & Company should be explored. Romney should be questioned, especially considering what is easily found with a few clicks on the WEF website.

“The World Economic Forum engages business, government and experts in partnerships to create the low-carbon economy. The World Economic Forum provides a neutral platform to develop universal carbon emissions reporting.”

Ed Morrissey of HotAir.com outlines in detail Romney’s love affair with CO2 emission standards, Obama’s “Climate Change Guru” Holdren and hiring climate change activists.

Voters deserve to know what Romney’s opinions and plans are when it comes to submitting the United States to international climate activists’ demands on carbon. Will he stand up for the sovereignty of America and against global regulations? Could this be the arrow that finally plants firmly in the heel of the otherwise infallible Romney?

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