Big oil companies are spending millions to appear 'green.' Their investments tell a different story, report shows

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Big oil companies are spending millions to portray themselves as taking action on climate change, but their investments and lobbying activities don't live up to their planet-friendly claims, according to a new report.

Big oil companies are spending millions to portray themselves as taking action on climate change, but their investments and lobbying activities don't live up to their planet-friendly claims, according to a new report.

An analysis from London-based energy and climate think-tank InfluenceMap found that the amount of climate-positive messaging used by five major oil and gas companies -- BP, Chevron, ExxonMobil, Shell, and TotalEnergies -- is inconsistent with their spending on low-carbon activities. The report comes as scientists have grown increasingly urgent in their warning that the world must slash the use of fossil fuels to prevent catastrophic consequences of the climate crisis.

 

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Nigeria Nigeria Latest News, Nigeria Nigeria Headlines