Oil and gas industry making risky play in response to greenwashing law: experts

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 77%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The oil and gas industry is taking a risk in its response to new greenwashing rules, communications experts say, but they add the opinions of Canadians are already so divided that the actions may have little effect.

The Pathways Alliance group of oilsands companies removed all content from its platforms, while other companies have modified their websites and social media in anticipation of new greenwashing rules that were passed Thursday as part of an update to the Competition Act.

The executives behind Pathways said the public disclosure standards in the bill are so vague that they lack meaning and rely on undefined internationally recognized methodology that "may or may not exist." "What the Competition Bureau has always done is make sure companies aren't fooling or lying to Canadians."

The update is also important, said Montgomery, because there's been an increase in so-called future washing, or promises of better environmental records ahead, that have so far proved difficult to police. While the decision by oil and gas companies may serve to confirm skeptics' existing views, it will also reinforce opinions on the pro-industry side, said Joanne McNeish, associate professor of marketing at Toronto Metropolitan University's Ted Rogers School of Business.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines