BP America is also leaving the U.S. Climate Action Partnership. A spokesman said the oil company, like ConocoPhillips, will not renew its membership in the coalition of corporations and environmental groups pushing Congress to approve cap-and-trade legislation.
Spokesman Tom Mueller said BP informed USCAP today of its decision. Another BP spokesman, Ronnie Chappell, said USCAP "has accomplished the work that we thought important when we joined, which was the establishment of a principles-based framework for shaping climate change legislation."
"We think that the [USCAP] blueprint for legislative action is a great piece of work, and we continue to support climate change legislation that conforms to the blueprint," he said.
“We don’t believe that legislation pending in the Congress meets that standard yet, and we have concluded that as the climate change discussion goes forward and as the proposals become more specific, we can become more effective if we show up at that discussion as BP,” he added.
This post was updated at 11:29 a.m.