BP drops out of US emissions lobby body

[OKIsItJustMe]

http://www.ft.com/cms/s/0/844be172-1b3a-11df-953f-00144feab49a.html

BP drops out of US emissions lobby body

By Sheila McNulty in Houston and Anna Fifield in Washington
Published: February 16 2010 20:48 | Last updated: 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.

BP’s move is likely to be seen as further evidence of its retreat from the support for alternative energy championed by Lord Browne, its previous chief executive, who resigned in 2007.

It also reflects the concern of oil companies that feel they are being forced to bear the brunt of the energy legislation that has been passing through Congress.

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[aquart]

1. They recently did a Harris Poll image study.

I guess they figured no one was gonna love 'em anyway.