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Major oil lobbying group to endorse emissions pricing: report - Vimarsana News

Major oil lobbying group to endorse emissions pricing: report

© getty The American Petroleum Institute, one of the nation’s most influential energy lobbying groups, is poised to come out in favor of setting prices for carbon emissions, according to a draft statement obtained by the Wall Street Journal. In the draft, the organization calls emissions pricing a move that would “lead to the most economic paths to achieve the ambitions of the Paris Agreement,” the newspaper reported. “API supports economy-wide carbon pricing as the primary government climate policy instrument to reduce CO2 emissions while helping keep energy affordable, instead of ...