Mining giant sticks with U.S. Chamber
Breaking Thursday: The big global mining company BHP, which in late 2017 threatened to quit the U.S. Chamber of Commerce over climate policy differences, announced Thursday that it's sticking with the powerful business lobby.
What they said: "On the basis of these broader benefits, and in light of the Chamber’s willingness to engage further on climate and energy issues through an invitation extended to BHP to join its Energy and Environment Committee, BHP has determined to remain a member of the Chamber," according to a BHP statement.
One reason it matters: Having a major extractive industry company sever ties with the Chamber would have been a PR hit for the group and again highlighted how a number of major companies have more aggressive climate postures than the trade group.
Yes, but: BHP announced that it's leaving a separate group called the World Coal Association.
The big picture: Per Bloomberg, "The producer’s move follows concern from some investors over membership of groups that have criticized the Paris climate accord and rejected targets to increase use of renewable energy sources."