The American Petroleum Institute (API) announced Thursday that it will support carbon pricing, a major shift for one of the nation’s foremost energy lobbying groups.
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U.S. Oil Lobby Backs Carbon Fee as Substitute for Regulation
(Bloomberg) -- The American Petroleum Institute board voted Thursday to endorse putting a tax or other price on carbon dioxide emissions, a shift for the oil industry that could influence the Biden administration’s plans for a government-wide assault on global warming.The largest U.S. oil industry lobbying group cast its support for a so-called carbon price as part of a broader plan for combating climate change, including efforts to standardize …
Watching Washington: U.S. oil lobby endorses carbon taxes
Carbon pricing didn't just win a big endorsement from Canada's Supreme Court on Thursday — it's also receiving surprising new support from a new corner in the U.S.: the American oil lobby. Ironically, this new support for carbon pricing comes as U.S. climate policy is shifting elsewhere.
In shift, oil industry group backs federal price on carbon
WASHINGTON (AP) — The oil and gas industry's top lobbying group on Thursday endorsed a federal price on carbon dioxide emissions that contribute to global warming, a reversal of longstanding...
America's most powerful oil lobby is changing its tune on a carbon tax
The oil industry's most powerful lobbying group announced Thursday that for the first time it will support setting a price on carbon, a significant shift that underlines intensifying pressure on Washington and business to tackle the climate crisis.
In shift, oil industry group backs federal price on carbon
WASHINGTON (AP) - The oil and gas industry's top lobbying group on Thursday endorsed a federal price on carbon dioxide emissions that contribute to global warming, a reversal of longstanding industry policy that comes as the Biden administration has pledged dramatic steps to address climate change.The American Petroleum Institute, ...