Oil Change International says plans do not stand up to scrutiny and describes US fossil-fuel corporations as ‘the worst of the worst’
Major oil companies have in recent years made splashy climate pledges to cut their greenhouse gas emissions and take on the climate crisis, but a new report suggests those plans do not stand up to scrutiny.
The research and advocacy group Oil Change International examined climate plans from the eight largest US and European-based international oil and gas producers – BP, Chevron, ConocoPhillips, Eni, Equinor, ExxonMobil, Shell and TotalEnergies – and found none was compatible with limiting global warming to 1.5C above pre-industrial levels – a threshold scientists have long warned could have dire consequences if breached.
“There is no evidence that big oil and gas companies are acting seriously to be part of the energy transition,” David Tong, global industry campaign Manager at Oil Change International, who co-authored the analysis, said in a statement.
None of the companies were immediately available for comment.
How many times are we gonna let companies “Pledge” to be better before we start forcing them to be better through proper regulations?
With as many broken pledges have been made by these companies, you think we’d stop believing then. But for some reason cough money cough we keep trusting them.
How many times are we gonna let companies “Pledge” to be better before we start forcing them to be better through proper regulations?
Just 42 more times or until the demise of humanity.
Just tax the fuck out of them and use the money to fund clean energy projects. It’s not that complex.
No one ever saw this coming /s
What a god damn shocker. Hold these greedy motherfuckers accountable already!
Oh yeah, you and what petrodollar-fueled army? Maybe you should talk to your Senator!
(affects high-pitched Senator voice) Oh yes Mr. Citizen, I’m also really concerned! I’ll look into it!
laughs in oligarch
People are already running out of patience with this bullshit, sooner or later it will boil over.
You cannot breath, eat, nor drink money. It is completely insane to go this far with our only planet. If they won’t act, we need to, like yesterday.
They weren’t meant to succeed.