BP Latest Giant to Ditch ALEC

The name plate and logo are seen at the the British Petroleum headquarters in central London, Thursday, June, 10, 2010. Shares in BP PLC are falling sharply at the start of trading in London after a huge sell-off in ... The name plate and logo are seen at the the British Petroleum headquarters in central London, Thursday, June, 10, 2010. Shares in BP PLC are falling sharply at the start of trading in London after a huge sell-off in New York amid fears about the rising costs facing the company over the Gulf of Mexico oil spill. The stock is trading down at 9.3 percent at 355 pence ($5.18) in early trade. Investors are worried about the payment of the company's planned dividends and its ability to pay for the disaster as U.S. political pressure increases for greater compensation. (AP Photo/Alastair Grant) MORE LESS
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BP, one of the world’s largest oil and gas companies, is leaving the American Legislative Exchange Council (ALEC) in yet another blow to the conservative advocacy coalition.

National Journal reported BP’s departure on Monday. It’s the latest major company to have left the organization.

“We continually assess our engagement with policy and advocacy organizations, and based on our most recent assessment, we have determined that we can effectively pursue policy matters of current interest to BP without renewing our membership in ALEC,” a BP spokesman told National Journal.

ALEC blamed BP’s decision on “economic challenges” in the business sector, according to National Journal.

Google, Microsoft, Yahoo, Yelp, eBay and Facebook have all departed ALEC as well. Google chairman Eric Schmidt accused ALEC of “literally lying” about climate change when his company left.

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Notable Replies

  1. Corporate America seems to be tired of sucking Koch.

  2. Avatar for dweb dweb says:

    There are LOTS of ways to get things done the ALEC way and you don’t have to call it ALEC. They may say they are leaving ALEC, but the ability to draft their own versions of legislation and get them passed by legislatures is just TOO tempting…and lucrative, to give up easily.

  3. Gone are the days when the mere mention of BP would invoke 999 s̶h̶i̶l̶l̶s̶ t̶r̶o̶l̶l̶s̶ “social media consultants” to infest our boards with interesting reasons why the Deepwater Horizon disaster and ensuing 10,000 year ecological nightmare is just a bunch of hippies whining, as usual. They actually paid people to come onto this board and trash talk while their hole was belching poison into our ocean.

    Shitlords.

  4. I suspect something else is at play here. They don’t give up that easily. Maybe a name change.

Continue the discussion at forums.talkingpointsmemo.com

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