Is the oil industry fighting for the right to greenwash?

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 37 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 182%
  • Publisher: 92%

Canadian News News

Canada News,Breaking News Video,Canadian Breaking News

The recent passage of anti-greenwashing Bill C-59 has caused an extremely strong reaction in the oil industry. What’s the fuss about?

A general view shows a Syncrude oil sands mining facility near Fort McKay, on Sept. 7, 2022. The oil industry is pushing back against a bill that would make it validate its environmental claims.Last month’s passage of anti-greenwashing Bill C-59 has caused an extremely strong reaction in the oil industry. As a former industry executive with more than 30 years of experience leading major research and engineering at ExxonMobil, I struggle to understand what the fuss is about.

But if, on the other hand, the oil industry cannot support their environmental claims with evidence, why are they making such claims in the first place? And, most importantly, how are they to be believed? Lack of transparency seeds distrust, and the new legislation will offer much-needed protection against false, unfounded, or misleading advertising.

The oil industry has cast doubts on Bill C-59′s requirement that claims must meet an internationally recognized methodology. Yet credible international standards already exist, even industry-created ones. Consider for example the, a key tool published in conjunction with the American Petroleum Institute and the International Association of Oil & Gas Producers .

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:

 /  🏆 5. in US
 

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

United States United States Latest News, United States United States Headlines