Protestors in London. Photo: Dominika Zarzycka/NurPhoto via Getty Images

BP, under pressure over climate change, is the latest oil giant to agree to review its membership in trade associations.

Why it matters: Activist investors are increasingly pushing fossil fuel producers to abandon lobbying groups that oppose policies like mandatory emissions curbs and carbon pricing.

  • Among oil majors, BP joins Equinor, which plans to release results of its review by Q1 2020. Shell has already completed its assessment.

Where it stands: Chairman Helge Lund announced the move at BP's annual meeting Tuesday. A spokesperson did not provide specific memberships that will be assessed, but said the review will be informed by this existing position statement on trade groups.

The big question: Will K Street lobbying powerhouses spring a leak, or alter their stances, if Big Oil companies threaten to bail over differences on climate?

  • This hasn't happened yet.
  • Shell reviewed a suite of memberships and said in early April that it's leaving one group: American Fuel & Petrochemical Manufacturers.
  • But, it's sticking with more powerful players including the U.S. Chamber of Commerce and American Petroleum Institute.

What's next: Activists investors will be watching. Climate Action 100+ said they will be looking to "ensure BP’s lobbying activity supports the Paris goals."

Go deeper: BP bosses get public grilling on climate from largest investors (Bloomberg)

Go deeper

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7:30 p.m. ET: 32,694,155 — Total deaths: 991,273 — Total recoveries: 22,575,658Map.
  2. U.S.: Total confirmed cases as of 7:30 p.m. ET: 7,074,155 — Total deaths: 204,461 — Total recoveries: 2,750,459 — Total tests: 100,492,536Map.
  3. States: New York daily cases top 1,000 for first time since June — U.S. reports over 55,000 new coronavirus cases.
  4. Health: The long-term pain of the mental health pandemicFewer than 10% of Americans have coronavirus antibodies.
  5. Business: Millions start new businesses in time of coronavirus.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.
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What they're saying: Trump nominates Amy Coney Barrett for Supreme Court

Judge Amy Coney Barrett in the Rose Garden of the White House on Sept. 26. Photo: Oliver Douliery/AFP via Getty Images

Democratic and Republican lawmakers along with other leading political figures reacted to President Trump's Saturday afternoon nomination of federal appeals court Judge Amy Coney Barrett to succeed Justice Ruth Bader Ginsburg on the Supreme Court.

What they're saying: "President Trump could not have made a better decision," Senate Majority Leader Mitch McConnell said in a statement. "Judge Amy Coney Barrett is an exceptionally impressive jurist and an exceedingly well-qualified nominee to the Supreme Court of the United States."

Amy Coney Barrett: "Should I be confirmed, I will be mindful of who came before me"

Trump introduces Amy Coney Barrett as nominee to replace Ruth Bader Ginsburg. Photo: Olivier Douleiry/Getty Images

In speaking after President Trump announced her as the Supreme Court nominee to replaced Ruth Bader Ginsburg, Circuit Court Judge Amy Coney Barrett said on Saturday she will be "mindful" of those who came before her on the court if confirmed.

What she's saying: Barrett touched on Ginsburg's legacy, as well as her own judicial philosophy and family values. "I love the United States and I love the United States Constitution," she said. "I'm truly humbled at the prospect of serving on the  Supreme Court."