'Thank You, Big Oil' Campaign Targets Fossil Fuel Companies

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The billboards are part of the Stop the Oil Profiteering campaign initiated by Fossil Free Media, a group that seeks to educate the public about the role fossil fuel companies have played in making 2023 the hottest year on record. %

this summer were deliberately set by socialist activists with boxes of kitchen matches at the ready. They always demand, “Where’s the proof?”found that extreme heat in North America, Europe, and China in July 2023 was made much more likely by climate change. Among its findings are these:

“The result of this attribution study is not surprising. The world hasn’t stopped burning fossil fuels, the climate continues to warm, and heatwaves continue to become more extreme. It is that simple,” , the amount of public money flowing into coal, oil, and gas in 20 of the world’s biggest economies reached a record $1.4 trillion in 2022, even though world leaders agreed to phase out “inefficient” fossil fuel subsidies at the COP26 climate summit in Glasgow two years ago.

The IISD is calling on the world leaders who assemble at the upcoming G20 conference to end fossil fuel subsidies in rich countries by 2025 and in the rest of the world by 2030. “With fossil fuel companies gaining record profits amid the energy crisis last year, there is little incentive for them to change their business models in line with what’s needed to limit global warming,” said Laan. “But governments have the power to push them in the right direction.

 

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