Drudge Retort: The Other Side of the News
Tuesday, May 21, 2024

Oil Change International says plans do not stand up to scrutiny and describes US fossil-fuel corporations as the worst of the worst'



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... Major oil companies have in recent years made splashy climate pledges to cut their greenhouse gas emissions and take on the climate crisis, but a new report suggests those plans do not stand up to scrutiny.

The research and advocacy group Oil Change International examined climate plans from the eight largest US- and European-based international oil and gas producers " BP, Chevron, ConocoPhillips, Eni, Equinor, ExxonMobil, Shell and TotalEnergies " and found none were compatible with limiting global warming to 1.5C above pre-industrial levels " a threshold scientists have long warned could have dire consequences if breached.

"There is no evidence that big oil and gas companies are acting seriously to be part of the energy transition," David Tong, global industry campaign manager at Oil Change International, who co-authored the analysis, said in a statement.

None of the companies were immediately available for comment. ...

#1 | Posted by LampLighter at 2024-05-21 06:17 PM | Reply

Promises, promises... regulation and taxation is better.

#2 | Posted by Brennnn at 2024-05-21 10:06 PM | Reply | Newsworthy 2

@#2 ... Promises, promises... regulation and taxation is better. ...

As much as Republicans seem to rail against regulation, this topic seems to be a good justification for that regulation.

#3 | Posted by LampLighter at 2024-05-21 10:49 PM | Reply | Newsworthy 1

These people profit more for every barrel of fossil fuel they sell as fuel they sell and thus are opposed to any attempt to reduce its use. So it's a real big surprise that thrir "climate change" pledges were just lies. America wake up, Big Oil is not going to assist in any way if efforts to reduce carbon in the atmosphere. I haye to sdmit this because I do support Biden but his new tariffs ib Chinese EVs is wrong headed and a step in the wrong direction as it would be under Trump or anyone else. We nee to be driving EVs ASAP and if American car manufacturers don't get it too bad for them! Let the EVs in from wherever they come from. Let GM and Ford deal with nthe collapse of their industry due to their own short sightedness. Reminds me of the 70s when Toyota and Nissan were first getting s foothold in our country. The "Big Three" continued building gas guzzlers and today those foreign companies and others are now major competitors in all levels of the auto market. Those high paid execs are now missing the boat again and Chinese manufacturers are building what American anfdconsumers want; low priced, high quality EVs! Tariffs won't vonquer demandunless we have a controlled economy like China. We claim to have a market economy but tarriffs prove otherw. Big Oil will disagreee and Trump is climbing into bed with them right now; I would hope Joe Biden is not going to. Joe, let consumers buy what they want and force the morons running Amerivan car manufacturing to come into the 21st century!

#4 | Posted by danni at 2024-05-22 10:03 AM | Reply

"When it comes to climate change, some of the wealthiest people in the world have weighed the fate of the Earth and every living thing on it for untold generations to come, the seasons and the harvests, this whole exquisite planet we evolved on, and they have come down on the side of more profit for themselves, the least needy people the world has ever seen."

Rebecca Solnit

#5 | Posted by SomebodyElse at 2024-05-22 10:54 AM | Reply

build your bunker now...

hate to sound like some right wing nutter,
but have total faith in the greed and avarice of
humanity (and in American Fossil Fuel Companies in particular)
to know (beyond a doubt) that we will miss all
environmental pacts and goals at least until 2050.

We are not headed for 1.5 degrees C increase people.
We are already there.

We are headed for 3 degrees C increase by 2100.
And given how these estimates are revised every
3-5 years or so, I'm betting we hit 3 degrees C
by 2070 if not earlier.

This is the world the greedy have chosen to leave our
children and grand children.

#6 | Posted by earthmuse at 2024-05-22 11:51 AM | Reply | Funny: 1

You want to get mad and wave your gun at somebody?
Be sure you point it at the rich...

#7 | Posted by earthmuse at 2024-05-22 11:52 AM | Reply

Fossil fuels got us so much so fast, including our demise

#8 | Posted by hamburglar at 2024-05-23 07:44 AM | Reply

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