Big Oil’s climate commitments to greenwashing, says US congressional committee


Cites a cache of emails, lobbying and executive prep documents obtained by the watchdog

Content of the article

A House Congressional committee said internal documents from Exxon Mobil Corp., Chevron Corp., Shell Plc and BP Plc reveal their public promises to fight climate change amounted to greenwashing.

Advertisement 2

Content of the article

A cache of emails, lobbying and executive preparedness documents obtained by the Oversight and Reform Committee shows that big oil companies’ climate promises are based on “unproven technology, accounting gimmicks and a misleading language to mask reality,” subcommittee chair Ro Khanna said in an emailed statement.

Content of the article

Shell touted an ambitious path to net zero emissions, but internally stressed it had “nothing to do with our business plans,” emails showed. Exxon has sought to water down statements from the industry’s Oil and Gas Climate Initiative to remove the commitment to abide by the Paris Agreement.

“Creating a link between our advocacy/commitments and the Paris Agreement could create a potential commitment to defend the objectives of the Paris Agreement,” an Exxon executive said in a briefing note to CEO Darren Woods in August 2019.

Advertisement 3

Content of the article

The committee released the emails after a year-long investigation into whether Big Oil misled the public about climate change, a claim the industry denies. A hearing on the matter has been set for Thursday.

  1. Western Canadian producers have seen spot gasoline prices fall to zero in recent weeks.

    Recent drop in Canadian natural gas prices shuts down some production, but relief is on the way

  2. Shell Plc leads the LNG Canada joint venture in British Columbia, which is expected to become the country's first LNG export terminal when it opens in 2025.

    Oilpatch hopes Shell’s new Canadian CEO can persuade Trudeau to bet on LNG

  3. An oil and gas pump jack near Granum, Alberta.

    Oil and gas dominate a new list of the TSX’s 30 best performing stocks

“As we face more deadly extreme weather around the world, fossil fuel companies are reaping record profits and stepping up their deceptive public relations tactics to distract from their central role in fueling the world. climate crisis,” said Rep. Carolyn Maloney, chair of the commission. Monitoring and Reform, said in a statement.

Advertisement 4

Content of the article

Shell has been producing climate trajectories for decades “and it is widely understood that they are not prescriptions, predictions or intended to represent Shell’s current business plan,” the company said in a statement.

Exxon “has supported the Paris Agreement since its inception in 2015 and continues to support the U.S. government’s participation in the framework,” it said in a statement. BP said it has set short-term goals in line with its ambition to become a net zero company by 2050.


If you liked this story, sign up for more in the FP Energy newsletter.




Postmedia is committed to maintaining a lively yet civil discussion forum and encourages all readers to share their views on our articles. Comments can take up to an hour to be moderated before appearing on the site. We ask that you keep your comments relevant and respectful. We have enabled email notifications. You will now receive an email if you receive a reply to your comment, if there is an update to a comment thread you follow, or if a user follows you comments. See our Community Guidelines for more information and details on how to adjust your email settings.

Source link

Comments are closed.