Politics

White House officials met with energy industry execs ahead of climate, infrastructure plan, sources say

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Key Points
  • White House officials met Monday with top executives in the energy industry, including the oil, gas and mining sectors, attendees told CNBC.
  • The attendees included the top executives from BP, Chevron, Exxon and BHP, among others.
  • News of the meeting came as White House climate advisor Gina McCarthy has been engaging with industry leaders ahead of the Biden administration's expected unveiling of a massive infrastructure and climate package
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White House officials meet with energy industry executives

White House officials discussed environmental policy in a meeting Monday with top executives in the energy industry, including the oil, gas and mining sectors, attendees told CNBC.

The business leaders expressed interest in making investments in carbon-capture technologies, and most signaled support for market-based carbon pricing, attendees said.

The executives also generally applauded the Biden administration's decision to rejoin the Paris Climate Agreement, from which the U.S. had withdrawn under former President Donald Trump.

The guest list for the Monday evening meeting included top executives from BP, Chevron, Exxon and BHP, among others, attendees said. The White House declined to provide a full list of invitees, and would not say which officials would be representing the Biden administration.

News of the meeting came as White House climate advisor Gina McCarthy has been engaging with industry leaders ahead of the administration's expected unveiling of a massive infrastructure and climate package, NBC News reported.

The White House is considering splitting a roughly $3 trillion economic recovery package into multiple bills, The New York Times reported earlier Monday.

President Joe Biden in March met with a group of bipartisan senators, as well as Vice President Kamala Harris and Transportation Secretary Pete Buttigieg, to discuss infrastructure.

Biden signed a $1.9 trillion coronavirus relief package into law earlier this month.