
Oil extraction [image credit: ewg.org]
It would be optimistic to expect any business to willingly cave in to pressure to become less successful, or let attempts to demonize it go unchallenged, especially for the sake of shaky climate theories. As long as the demand for their products is there, so will they be. World demand for oil is on the rise, regardless of those who wish otherwise.
The five largest publicly listed oil and gas majors have spent $1 billion since the 2015 Paris climate deal on public relations or lobbying that is “overwhelmingly in conflict” with the landmark accord’s goals, a watchdog said Friday.
Despite outwardly committing to support the Paris agreement and its aim to limit global temperature rises, ExxonMobil, Shell, Chevron, BP and Total spend a total of $200 million a year on efforts “to operate and expand fossil fuel operations,” according to InfluenceMap, a pro-transparency monitor.
Two of the companies—Shell and Chevron—said they rejected the watchdog’s findings, reports Phys.org.
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