“With sky-high energy prices, it’s mind-boggling to allow the fossil fuel industry to rake in record profits at the expense of working families. What’s needed now is immediate relief for American consumers, which is what this commonsense windfall profits tax bill would provide,” said Rees.
Exxon
How Big Oil courted and emboldened Putin for decades
For decades Big Oil courted Putin and helped him exploit Russia’s vast reserves. Big Oil poured billions into Russia’s war chest with devastating consequences.
Exxon’s 2050 net zero pledge dismissed as “greenwashing” and “gaslighting”
ExxonMobil is a company that for decades has done more than any other to spread climate denial. But now the climate laggard wants you to believe it is becoming a climate champion.
Exxon’s offshore drilling in Guyana could release 2 billion tonnes of CO2
A great new investigation by a wonderful old colleague of mine, Antonia Juhasz for Floodlight News and the Guardian, has found that Exxon’s operations in Guyana will send more than 2 billion metric tons of carbon dioxide into the atmosphere.
Exxon lobbyists caught saying quiet part out loud on climate obstruction
In what can only be described as both shocking and unsurprising at the same time, yesterday Greenpeace’s investigative journalism outfit, Unearthed, released video of two high-ranking ExxonMobil lobbyists (one current, one recently left the company) saying the quiet part out loud about Exxon’s ruthless political efforts to stall progress on the climate crisis and protect … Read More
Big Oil’s terrible, horrible, no good, very bad week
It has been a terrible, horrible, no good, very bad week or so for Big Oil…and that’s a very good thing for our climate. Let’s recap: Last week, the International Energy Agency released the groundbreaking “Net Zero by 2050” report, which they described as “world’s first comprehensive study of how to transition to a net zero … Read More
ExxonMobil’s climate plans are still “grossly insufficient”
Last year, we rated ExxonMobil as “grossly insufficient” on all ten of the criteria. There are tiny steps forward in the new announcement, but nothing that changes any of our ten metrics from “grossly insufficient” to “insufficient,” let alone to even “partial alignment.”
As 2020 ends and five years on from the UN Paris conference, there is hope on the horizon
“Of course, when the clock strikes midnight to turn to January 1, 2021, the world won’t instantly be cured of either COVID or our fossil fuel addiction. But, nevertheless, as we look towards 2021, there is hope on the horizon.”
Despite growing climate emergency, Exxon’s message to world remains: “Drop Dead”
For those hoping that the duel whammy of the pandemic and our climate emergency would belatedly and finally pivot Exxon away from fossil fuels, this is not going to happen. The company just wants to carry on drilling.
Spoiler alert: Big oil companies are still failing on climate
Being a “leader” among laggards doesn’t cut it when we’re in a climate emergency – a crisis that the oil and gas industry has done the most to cause.