04.06.2015 - Oil majors' climate call exposes U.S.-Europe rift on carbon pricing
The failed attempt by the world's oil majors to speak on climate change action with one voice has laid bare disagreement between U.S. and European companies on putting a price on carbon. The world's top oil companies have struggled for years to form a joint front in the face of growing criticism for not taking leadership against climate change. This week's letter calling for a global carbon pricing by Europe's Statoil, Total, BP, Shell as well as ENI and BG showed first signs of such an agreement, albeit without the support of U.S. peers Exxon Mobil and Chevron...............................................Full Article: Source
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