A new academic study, accepted for publication in Harvard Environmental Law, asks the pertinent question about Big Oil and climate change: “Given the extreme lethality of the conduct and the awareness of the catastrophic risk on the part of fossil fuel companies, should they be charged with homicide?”
#Exxonknew
UN: Big oil’s business model is “inconsistent with human survival”
In a blistering attack at the World Economic Forum this morning, the UN Secretary-General, AntĂłnio Guterres, accused the fossil fuel industry of having a “business model” that “is inconsistent with human survival”.
Climate momentum: Electric vehicle sales in U.S. reach “tipping point”
Hundres of thousands of Americans, concerned about climate change and increasingly shocked at how much they are paying at the pump for their gas, are voting with their feet and ditching their gas-guzzling vehicles and going electric.
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 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
As Big Oil loses $70 billion in 2020, it faces a credit risk downgrade.
As Big Oil loses billions, the global ratings agency, S&P has announced it was placing ExxonMobil, Chevron, Shell and Total on a so-called “credit watch”.
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.
Fossil fuel “fraud” regarding climate risks is a “ticking time bomb” to financial system
A new report argues that “widespread deception by fossil fuel executives regarding the financial risks of climate change, represents a ticking time bomb that, if not addressed, could contribute to worldwide economic devastation.”
Both Minnesota and D.C. sue Big Oil for “campaign of deception” over climate change
Big Oil’s decades’ old campaign to deny, deceive and delay action on climate change has been thrust into the spotlight again after the Attorney Generals for Minnesota and the District of Columbia (D.C.) both launched legal action against the industry within 24 hours of each other.
Despite Emergency, Belligerent Exxon Refuses to Act on Climate at AGM
Exxon, which has been bruised, battered and bloodied by a catastrophic collapse in the oil price, and is haemorrhaging money, wants us all to drive over a climate cliff too. It is reckless corporate behaviour, which the executives must know will cost lives.