Exxon Mobil Corp (XOM.N) has been suspended from the Climate Leadership Council (CLC), an advocacy group it helped to form.
The report said the suspension of Exxon comes a month after it after an Exxon lobbyist said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to Reuters.
“After careful consideration, we have decided to suspend ExxonMobil’s membership in both the Council and Americans for Carbon Dividends, our advocacy arm,” CLC CEO, Greg Bertelsen said.
In a responding statement, Exxon said the CLC’s decision was disappointing and counterproductive. It added that “It’s more important than ever for organizations to work together to advance meaningful policy solutions to address shared challenges and society’s net-zero ambitions.”
The company said it would continue to be a part of the Alliance for Market Solutions, an organization that also works to try and reduce carbon pollution.
The Climate Leadership Council makes policies to address climate change. it was formed by Exxon, alongside BP, Shell, Total and ConocoPhillips.
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