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Photo: Justin Sullivan/Getty Images

There's fresh evidence that powerful industries are slowly shifting on climate change to keep up with the times and protect their interests.

Driving the news: The Natural Gas Supply Association on Tuesday said it backs carbon pricing — a message partly aimed at states crafting emissions-cutting plans.

  • CEO Dena Wiggins predicted they'll have company. "We believe we are the first national natural gas trade association to support paying a price on carbon, but we are likely not going to be the last," she told reporters.

Why it matters: It's the latest sign of powerful industries and groups starting to alter their posture.

  • Exxon, Chevron, BP and subsidiaries of Equinor, Shell and Total are all members, alongside independent players like EQT Corp., and Cabot.
  • A number of oil majors — including Shell, BP and others — already support pricing.

Where it stands: NGSA doesn't have plans to lobby Congress on the matter, Wiggins said.

  • The group released a set of broadly worded "principles." They don't signal a preference for taxes versus emissions-trading.
  • NGSA favors a national program, but says that as states move forward, they should price carbon in power markets and work together.

How it works: The group's principles for states argue that pricing should replace emissions regulations.

  • That's consistent with what several oil-and-gas giants want in return for a national carbon tax plan, via their membership in the Climate Leadership Council.
  • Tuesday's outline opposes "subsidies" and policies that "distort" markets — likely a reference to NGSA's ongoing fight against state subsidies for nuclear plants.

The big picture: A carbon price, depending on where it's set, could help the fuel shove coal aside even faster, though Wiggins said their position is not about members' bottom lines.

Go deeper: Once a critic, Chamber of Commerce now backs Paris Climate Agreement

Go deeper

Neera Tanden withdraws nomination for Office of Management and Budget director

Neera Tanden testifying before the Senate Budget Committee in Washington, D.C., in February 2021. Photo: Anna Moneymaker/The New York Times/Bloomberg via Getty Images

Neera Tanden withdrew her name from nomination to lead the Office of Management and Budget after several senators voiced opposition and concern about her qualifications and past combative tweets, President Biden announced Tuesday.

Why it matters: Tanden’s decision to pull her nomination marks Biden's first setback in filling out his Cabinet with a thin Democratic majority in the Senate.

What's ahead for the newest female CEOs

Jane Fraser (L) and Rosalind Brewer. Photos: Jason Redmond/AFP via Getty Images; Rodrigo Capote/Bloomberg via Getty Images.

The number of women at the helm of America’s biggest companies pales in comparison to men, but is newly growing — and their tasks are huge.

What's going on: Jane Fraser took over at Citigroup this week, the first woman to ever lead a major U.S. bank. Rosalind Brewer will take the reins at Walgreens in the coming weeks (March 15) — a company that's been run by white men for more than a century.

3 hours ago - Health

Biden says U.S. will have enough vaccines for 300 million adults by end of May

President Biden. Photo: Anna Moneymaker-Pool/Getty Images

President Biden on Tuesday said that ramped-up coronavirus vaccine production will provide enough doses for 300 million Americans by the end May.

Why it matters: That's two months sooner than Biden's previous promise of enough vaccines for all American adults by the end of July.