Major oil and gas companies spent over $273 mln lobbying for favourable US carbon market rules, investigation finds

Published 01:53 on June 17, 2026 / Last updated at 01:53 on June 17, 2026 / / Americas (US & Canada), Net Zero Transition (Investment, Reporting & Disclosure), Voluntary (VCM Governance)

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Oil and gas companies have spent over $273 million to bolster carbon credit use in California’s emissions trading scheme, as well as shape early governance of climate-related market risks at a US financial regulator, a report found.
Oil and gas companies have spent over $273 million to bolster carbon credit use in California’s emissions trading scheme, as well as shape early governance of climate-related market risks at a US financial regulator, a report found.


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