Politics of climate change put corporations in tough spot
WASHINGTON (AP) — The polarizing politics of climate change have forced companies to choose between supporting the Trump administration’s deregulation policies that could boost profits or opposing them to win over environmentally conscious consumers.
That dynamic played out again Thursday when President Donald Trump’s Environmental Protection Agency sought to revoke regulations on methane gas emissions from oil facilities. British Petroleum, ExxonMobil and Royal Dutch Shell voiced opposition to the plan but smaller oil and gas companies welcomed the possibility.