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Total will not renew its membership in the American Petroleum Institute (API) for 2021 due to differences with the main US oil lobby on climate policies, the French oil and gas supermajor announced on Friday.
For 2019 and 2020, Total found the API positions “partially aligned” with its own, but discrepancies remain. These include API support for the rollback of US methane emissions regulations, which Total opposed in November 2019, and API membership in Transportation Fairness. Alliance, which opposes subsidies for electric vehicles. The API also has different positions than Total on carbon pricing.
“In addition, the API provided support in the recent elections to candidates who opposed US participation in the Paris Agreement,” Total said in a statement.
“As part of our Climate Ambition made public in May 2020, we are committed to ensuring, in a transparent manner, that the professional associations of which we are members adopt positions and messages in line with those of the Group in the fight against climate change, ”said Patrick Pouyanné, Chairman and CEO of Total.
Total is banking on profitable growth in its liquefied natural gas (LNG) and renewable activities as part of its new strategy and net zero agenda.
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Pouyanné told French newspaper Le Parisien in September that the company intends to be among the world’s top five producers of renewable energy. The company’s operating mix today is 55% oil, 40% gas and less than 5% electricity from renewable sources, Pouyanné said, noting that in 2050 Total’s operations will be divided into 20% oil, 40% gas and 40% renewable energy. .
Total is not the only oil supermajor based in Europe to have left the main US oil lobbies due to differences in climate policies.
Last year, BP quit three U.S. energy trade associations, the major refining lobby group, the American Fuel and Petrochemical Manufacturers (AFPM), the Western Energy Alliance (WEA) and the Western States Petroleum Association ( WSPA), after finding in -In-depth review that these three associations do not have climate policies aligned with BP’s goals and its support for the Paris Agreement. A year earlier, Shell quit the refining lobby due to a “significant misalignment” in climate-related positions.
By Charles Kennedy for Oil chauffage
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