The American Petroleum Institute (API) is forming an in-house task force to review its climate policy and messaging, partly to head off internal splits on issues like a possible carbon tax.
“The political environment has shifted so dramatically with Paris, with the ‘keep it in the ground’ campaign having controlled the conversation, with a president making climate change policy part of his legacy,” a source told reporters Andrew Restuccia and Elana Schor. “So it makes sense for API to be reviewing its approach to climate.”
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API President Jack Gerard acknowledged last year that there are “different views within our industry as to how [climate] should be addressed.” Politico adds that the Institute “wants to avoid the schism that formed when refiners and producers divided during last year’s crude export debate.” The task force could also help drive “a united front in responding to allegations that ExxonMobil hid the risks of climate change from the public for decades.”
