Candidate Barack Obama liked to assail “the special interests who dominate” Washington’s policymaking process, and the revolving door that corrupts government and enriches the well-connected. The Obamas also talk up farmers markets, the ideas of “slow food” and small agriculture — even planting a vegetable garden on the White House lawn.
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Nike has relinquished its spot on the board of directors of the U.S. Chamber of Commerce to protest the chamber’s opposition to federal climate-change regulations. The shoemaker is lobbying hard for a cap-and-trade scheme to curb greenhouse gas emissions in the U.S.
Why is Nike joining the parade of Fortune 500 companies backing climate legislation? More than most companies, Nike seems to be acting from true conviction on this issue.
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