Political Activity
Exelon's Political Action Committee (PAC) is EXELONPAC. The company is positioned to profit from "expensive carbon" and has been lobbying for cap and trade of carbon dioxide emissions. "Exelon CEO John Rowe is a vociferous and longtime advocate of climate change legislation. In 2009, Forbes reported that if the Waxman-Markey climate legislation became law, 'the present value of Exelon's earnings stream would increase by $14 a share, or 28%.'"
Executives at the company have close ties to the Obama administration as advisors and fundraisers. "Frank Clark, CEO of Exelon's Chicago-based subsidiary ComEd, was an Obama advisor and fundraiser, and Exelon director John Rogers has also raised funds for Obama."
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