- A group within the Trump administration, including Ivanka Trump and Jared Kushner, is recruiting energy companies to support the Paris climate agreement to cut greenhouse gas emissions, Bloomberg reports.
- Cheniere Energy (NYSEMKT:LNG), which exports liquefied natural gas, became the latest company to weigh in for the pact via a letter Monday to the White House.
- Exxon Mobil (NYSE:XOM), previously led by Secretary of State Rex Tillerson, Royal Dutch Shell (LON:RDSa) (RDS.A, RDS.B) and BP are big-name endorsers of the Paris agreement.
- Coal producers Cloud Peak Energy (NYSE:CLD) and Peabody Energy (NYSE:BTU) also are lobbying in favor of the accord, hoping the U.S. will help with carbon capture and other high-efficiency, low-emissions technology to generate electricity from coal.
- The Business Council for Sustainable Energy, which represents Calpine (NYSE:CPN), FuelCell Energy (NASDAQ:FCEL), Johnson Controls (NYSE:JCI) and 50 other companies and trade groups, warns that backtracking on the Paris accords risks retaliatory trade policies against U.S. products and consumer boycotts of U.S. goods and services.
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