Exxon, Shell, and BP give backing to US bipartisan carbon tax proposal

Michael Holder
clock • 2 min read

Climate Leadership Council reveals list of founding members including General Motors, P&G and PepsiCo as well as oil firms BP, ExxonMobil and Shell

A bipartisan group of US politicians and major oil firms has reiterated calls for a federal 'carbon dividend' tax as an alternative means of reducing US industrial greenhouse gas emissions, in a bid to...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Environmental journalist and editor

View profile
More from Michael Holder

UN warns national climate pledges amount to global emissions cuts of just six per cent by 2035

COP17: Nature financing pledges swell to $1.8bn at Yerevan Biodiversity Summit

More on Policy

New UK School Food Standards are a huge opportunity for caterers to serve more sustainable meals
Policy

New UK School Food Standards are a huge opportunity for caterers to serve more sustainable meals

With a greater focus on heathier, more plant-rich diets, the UK's new School Food Standards promise to slash emissions as well as costs, writes Martin Bowman from Foodrise

Martin Bowman, Foodrise
clock 28 October 2026 • 6 min read
Boiler Upgrade Scheme: Increase in heat pump grants drove 24 per cent rise in monthly installations
Policy

Boiler Upgrade Scheme: Increase in heat pump grants drove 24 per cent rise in monthly installations

Targeted grants have yielded 'tangible results', pre-Budget study finds, as campaigners urge Chancellor not to cut funding for popular scheme

Stuart Stone
Stuart Stone
clock 28 October 2026 • 4 min read
Office for Environment Protection: Planning shake-up may not deliver promised gains for nature
Policy

Office for Environment Protection: Planning shake-up may not deliver promised gains for nature

Watchdog welcomes new Environmental Development Plans, but raises concerns over lack of evidence they will deliver promised environmental outcomes

James Murray
James Murray
clock 27 October 2026 • 3 min read