Yesterday, following requests from a group of investors, Nike resigned its position on the board of directors of the U.S. Chamber of Commerce.

This announcement comes just one week after Pacific Gas & Electric and Exelon announced they were leaving the Chamber in protest over the organization's "extreme" climate position.

Here's what a Nike representative had to say about the decision. . .

"We believe that on the issue of climate change the chamber has not represented the diversity of perspective held by the board of directors. Therefore, we have decided to resign our board of directors position. We will continue our membership to advocate for climate change legislation inside the committee structure and believe that we can better influence policy by being part of the conversation. Moving forward we will continue to evaluate our membership."

And today, FPL Group announced it will buy three wind power projects from Babcock & Brown Power for just over $350 million.

The three projects have a combined capacity of 184.5 megawatts.

Located in Texas, Wisconsin, and South Dakota, more than 80 percent of the output from these facilities has already been sold under long-term power purchase agreements.

Jeff