America’s biggest oil lobby just did an about-face on climate policy. It’s made no one happy.
WASHINGTON—The American Petroleum Institute, Washington’s biggest lobby for the oil-and-gas industry, spent decades leveraging its financial muscle to fight almost every green initiative in its path.a set of new policy prescriptions to lower emissions and support cleaner fuels.
The core of the plan called for two policies API had opposed for years: more regulation on methane, a potent greenhouse gas that leaks from oil-and-gas operations, and aThe challenge of climate change, it said, requires “new approaches, new partners, new policies and continuous innovation.”To Read the Full Story
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