BP has chosen not to renew its membership with USCAP, one of the major umbrella organisations stateside bringing together businesses to publicly push for [despite at times obviously being privately against] climate policy. Well, it's no big loss for USCAP. Plus, this is because of causing the biggest oil spill in history right?
Nope, not in the weird and distorted vortex that is BP world. Witness:
"BP shares similar concerns about the lack of a role for natural gas in cap and trade legislation in Congress. 'We don’t think the allowance structure in the bills will create a deep and liquid carbon market,' BP spokesman Ronnie Chappell told the New York Times. 'The markets will be volatile, and so will the price of carbon.'"
Right. So do you have an alternative to suggest, then? Increased domestic oil exploration, perhaps? Ah, carbon markets. If only they were as stable as...financial markets?
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