London (CNN Business) Royal Dutch Shell says it's quitting a major US oil lobby because it disagrees with the group's policies on climate change. The energy company said Tuesday that it would not renew its membership in the American Fuel and Petrochemical Manufacturers lobby next year because of "material misalignment." Shell RDSA CEO Ben Van Beurden wrote in a report that it was important to ensure "that the industry associations we belong to do not undermine our support for the Paris Agreement." Almost every country has signed up to the 2015 Paris Agreement, pledging to limit the rise in temperatures to well below two degrees Celsius. Shell said it had reviewed the climate policies of 19 major industry groups to which it belongs.

Source: CNN April 02, 2019 16:18 UTC