Free Republic

HOUSTON, Feb. 16, 2010 -- ConocoPhillips [NYSE: COP] today announced that it will not be renewing its membership in the U.S. Climate Action Partnership (USCAP). This action enables the company to better focus its efforts on ensuring fair and equitable treatment of the transportation sector and its consumers and on expanding opportunities for greater near-term GHG reductions through increased use of natural gas. "As an active member of USCAP, we owe a great deal of credit to our colleagues, both companies and non-government organizations alike," said Jim Mulva, ConocoPhillips chairman and chief executive officer. "USCAPÂ’s diverse membership and high-level commitment...