"The world's highest-polluting oil companies are promising big but delivering
very little on climate change, according to damning new research published
Chevron, ExxonMobil, Shell and BP are failing to meet green energy investment
pledges and lack consistent transparency in their reporting of investments, the
researchers say in science journal PLOS ONE.
They say fossil fuel production was maintained or increased by Chevron, Shell
and BP between 2009 and 2020, despite committing to, or in Chevron's case
"aspiring to", net-zero emissions by 2050 or before.
To reach these conclusions, researchers from Tohoku and Kyoto University looked
at the activities of Chevron, ExxonMobil, Shell and BP between 2009 and 2020.
They focused on these four because they're the highest greenhouse-gas-emitting
investor-owned energy companies globally.
Specifically, the researchers tallied the frequency that climate change and
clean energy-related keywords were referred to in those companies' annual
reports during that 2009-2020 period, and what each company pledged to do to
decarbonise and invest in clean energy.
They then compared that to each companies' actions during the same period —
their investments and profits from fossil fuels, and investments in clean
*** Xanni ***
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