Exxon Booted From Carbon-Tax Alliance After Lobbying Scandal (3)

Exxon Mobil Corp. was suspended from the Climate Leadership Council, a pro-carbon tax group backed by conservation groups and some of the world’s biggest corporations.

The move comes just weeks after an Exxon lobbyist was secretly recorded by Greenpeace saying that the oil giant only voiced support for a carbon tax because it knew such a policy would be almost impossible to implement. Exxon was one of the CLC’s founding members when it was formed in 2017; other participants include BP Plc, Goldman Sachs Group Inc., and Microsoft Corp..

“After careful consideration, we have decided to suspend ExxonMobil’s membership in ...