Tags: US | Climate | Bill | Business

Caterpillar, BP, Conoco Quit Climate Partnership

Wednesday, 17 February 2010 08:32 AM EST

Three large companies have left the U.S. Climate Action Partnership, a coalition of more than two dozen companies and environmental groups lobbying Congress to pass a bill combatting climate change.

Oil companies ConocoPhillips and BP America, as well as machine giant Caterpillar Inc. said Tuesday they were not renewing their memberships in the group.

The defections were widely seen as a blow to congressional efforts to cap U.S. emissions of pollution-causing gases blamed for global warming. ConocoPhillips Chairman Jim Mulva said Congress has unfairly penalized domestic oil refineries and ignored natural gas companies.

The climate coalition includes some of the country's biggest electric utilities and oil companies, as well as five environmental groups.

© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


InvestingAnalysis
Three large companies have left the U.S. Climate Action Partnership, a coalition of more than two dozen companies and environmental groups lobbying Congress to pass a bill combatting climate change.Oil companies ConocoPhillips and BP America, as well as machine giant...
US,Climate,Bill,Business
113
2010-32-17
Wednesday, 17 February 2010 08:32 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved