Total drops API on climate concerns
The French firm is hitting the road, but its European peers are sticking with the API for the time being
France’s Total became the first major oil company to quit the American Petroleum Institute (API), announcing its decision to not renew its 2021 membership on 15 January following a detailed analysis of the influential lobby group’s positions on climate policy. The API has a great deal of power in Washington, DC, spending heavily to influence members of Congress and the White House on energy policies and regulations in the US. “As part of our Climate Ambition made public in May 2020, we are committed to ensuring, in a transparent manner, that the industry associations of which we are a member adopt positions and messages that are aligned with those of the Group in the fight against climate
Also in this section
12 November 2024
Standards have been agreed for a mechanism under Article 6.4 of the Paris Agreement to trade carbon credits internationally
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
31 October 2024
Russia still aspires to become a major supplier of hydrogen, CO₂ storage capacity and carbon credits, despite financial constraints and the loss of Western technology and expertise
30 October 2024
Occidental subsidiary signs agreement with Enterprise Products Partners for pipelines and transport services for Bluebonnet hub