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BP drops out of US emissions lobby body

Financial Times

By Sheila McNulty in Houston and Anna Fifield in Washington

Published: February 16 2010 20:48

BP, Europe’s biggest oil company, has pulled out of the leading business group lobbying for curbs on US greenhouse gas emissions, a sign of fragmentation in the campaign for climate and energy legislation.

ConocoPhillips and Caterpillar of the US have also dropped out of USCAP, the group revealed on Tuesday. Royal Dutch Shell is now the only large oil company still a member.

Copyright The Financial Times Limited 2010.

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