It’s Too Late for Big Oil’s Pivot to a Carbon Tax
The American Petroleum Institute is considering endorsing a carbon price. That’s a big shift, but a carbon price alone is not good climate policy.
The American Petroleum Institute is considering endorsing a carbon price. That’s a big shift, but a carbon price alone is not good climate policy.
The American Petroleum Institute, the top lobbying group for the oil and gas industry, is moving toward endorsing a carbon tax. But analysts debate whether API sees it as a way to undercut other policies or as a step forward on climate change.
The American Petroleum Institute, which is the nation’s largest lobbying group for the oil and gas industry, is planning to endorse levying a price on carbon pollution. But it's political giving includes millions to ensure climate legislation never passes.
Senators posed misleading questions as they cited findings of a widely criticized research report
President Biden is dramatically altering the way the U.S. government calculates the real-world cost of climate change, a move that could reshape a range of consequential decisions, from whether to allow new coal leasing on federal land to what sort of steel is used in taxpayer-funded infrastructure projects.
New Energy Secretary Jennifer Granholm will be a key player in President Biden's vision for a green economy as the U.S. fights to slow climate change.