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Oil majors have, in the recent past, rolled out pledges to decrease oil and gas production and slash emissions, concerned about the climate crisis.
And yet, amid record-shattering heat-waves, BP has scaled back an earlier goal of lowering its emissions by 35% by 2030, ExxonMobil quietly withdrew funding for a heavily publicized effort to use algae to create low-carbon fuel. And Shell announced that it would not increase its investments in renewable energy this year,
This article exposes the fossil-fuel industry approach to ignore the future for the sake of short-term profitability.
Al Gore is right.
https://www.theguardian.com/us-news/2023/jul/16/big-oil-climate-pledges-extreme-heat-fossil-fuel
https://vimeo.com/790965733?embedded=true&source=vimeo_logo&owner=2263935
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