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Shell leaves US industry association over its stance on climate change

Author: CNN, Published on: 3 April 2019

"Shell quits major US oil lobby over climate change", 2 April 2019

Royal Dutch Shell says it's quitting a major US oil lobby because it disagrees with the group's policies on climate change. The energy company said Tuesday that it would not renew its membership in the American Fuel and Petrochemical Manufacturers lobby next year because of "material misalignment." Shell...CEO Ben Van Beurden wrote in a report that it was important to ensure "that the industry associations we belong to do not undermine our support for the Paris Agreement."...Shell said it had reviewed the climate policies of 19 major industry groups to which it belongs. It found no issues with nine of them, and "some misalignment" with another nine. It has decided to leave only the American Fuel and Petrochemical Manufacturers group, where it has served as a member of the board. The lobby group has not publicly supported the Paris accord. The lobby has also stated its opposition to carbon pricing, something that Shell has advocated in the United States. And it challenged the EPA's Clean Power Plan in 2015, without Shell's support. American Fuel and Petrochemical Manufacturers said in a statement on Tuesday that it "wished [Shell] all the best in the future." The lobby added that it would continue working "to advance policies that ensure reliable and affordable access to fuels and petrochemicals, while being responsible stewards of the environment."

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Related companies: Shell