Total Quits Leading U.S. Oil Lobby Over Climate Differences
- Rivals BP, Shell each say they’re committed to staying in API
- API says focused on ‘meaningful action’ to curb emissions
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Total SE became the first oil major to quit the influential American Petroleum Institute due to a clash on climate change policy, a sign of the pressure the U.S. lobby group is likely to come under as Washington is about to again embrace the Paris climate agreement.
The move by Total is likely to increase pressure on BP Plc and Royal Dutch Shell Plc to follow suit unless the API changes its views. On Friday, Shell said it was beneficial to remain a member of the group, while BP said it remained committed to influencing organizations from within and didn’t announce immediate plans to leave API.