Shell defends decision to stick with climate group

Royal Dutch Shell CEO Peter Voser heads the only oil company that’s still with the U.S. Climate Action Partnership after BP and ConocoPhillips said they were abandoning the industry-enviro coalition last month.

The coalition, which formed in 2007, is a mix of green groups, power companies, automakers and other corporations pushing for cap-and-trade legislation.

“We have a belief that we need a market-based energy legislation in this country. And by the way, in all the other countries as well. We feel that we can do more by being inside U.S. CAP together with the other stakeholders represented there in order to actually achieve the right outcome,” Voser tells the Wall Street Journal in a wide-ranging interview published Monday.

Here’s the whole thing.