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https://www.theguardian.com/australia-news/2024/dec/06/mckinsey-consultancy-firm-australian-climate-change-policy-fossil-fuel-companies-ntwnfb>
"The consultancy firm McKinsey was paid $1.6m over 11 weeks to “inform” and
“guide” Australian energy and climate policy, despite its work for the world’s
biggest fossil fuel companies.
The firm, whose links to oil and gas giants are well known, conducted “detailed
market, economic and policy analysis” and produced modelling that underpinned
“internal energy and climate policy work”.
The Department of Climate Change, Energy, the Environment and Water said the
work had been outsourced because it did not have the “technical capacity”
required. But critics claim the contract was inappropriate given the firm’s
private sector clients.
The Centre for Climate Reporting and the non-profit research organisation Aria
have linked McKinsey to several fossil fuel companies with an Australian
presence, after assessing US court documents. These companies include Caltex,
Peabody Energy Australia, Santos, Shell Australia, Woodside, Inpex, BHP, Rio
Tinto, AGL and Origin.
McKinsey would not confirm whether it has worked for these companies, which
were all contacted for comment. Some have confirmed that they had previously
contracted the firm. Shell in Australia has had no engagements with McKinsey
since at least 2019.
According to the firm’s website, McKinsey helps oil and gas companies
“accelerate sustainable and inclusive growth” and “create distinctive outcomes
across the energy value chain and in every region”."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
