Exxon Mobil Corp (XOM.N) was suspended from advocacy group Climate Leadership Council (CLC) that looks to make policies to address climate change, the CLC said on Friday.
The move comes a little over a month after an Exxon lobbyist said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted. Exxon Chief Executive Officer Darren Woods had condemned the comments.
"After careful consideration, we have decided to suspend ExxonMobil's membership in both the Council and Americans for Carbon Dividends, our advocacy arm," CLC CEO Greg Bertelsen said in a statement.
Exxon was a founding member of the group along with ConocoPhillips (COP.N), BP (BP.L), Shell (RDSa.L) and Total (TTEF.PA).
Exxon suspended from climate advocacy group it helped form
- by: Reuters
- 08-06-2021
- Source:
Fox Business
- 08/09/2021
Exxon by Mike Mozart is licensed under flickr Attribution 2.0 Generic (CC BY 2.0)
Exxon by Mike Mozart is licensed under flickr Attribution 2.0 Generic (CC BY 2.0)
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