"The Climate Leadership Council and its advocacy arm, Americans for Carbon Dividends, has suspended Exxon's membership in the group.
The move comes in the the wake of a leaked video in which senior Exxon lobbyist Keith McCoy says the oil giant has only come out in favor of a carbon tax for public relations reasons.
“We continue to believe that we will establish lasting climate solutions by bringing together a broad and diverse group of stakeholders who can work together to address this enormous challenge," said CLC CEO Greg Bertelsen, in a statement. "This will continue to be our guiding principle.”
This move is a clear sign of the harm that Exxon has suffered to its reputation as a result of the comments recorded by GreenpeaceUK under false pretenses, which aired on Channel 4 in Britain and were distributed online around the world."
Ben Geman and Andrew Freedman report for Axios August 6, 2021.