The world's highest-polluting oil companies are promising big but delivering very little on climate change,Researchers looked at how four big oil companies performed against their clean energy claims
They then compared that to each companies' actions during the same period — their investments and profits from fossil fuels, and investments in clean energy.Neither of the American companies — ExxonMobil and Chevron — disclosed the size of their clean energy investments for any years during the period, "despite claims of increasing investments for low-carbon energy and technologies", the researchers said in the paper.
Of the four, BP generated the most with around 2,000 megawatts, or "the equivalent of around two large gas-fired power-plants", the researchers said. "That is not the case. For the entire study period … we actually see also an increase in fossil fuel production." Both BP and Shell met their targets of investing more than 1 per cent of capital expenditure on clean energy for multiple years throughout the study period.
Outside the ABC bubble not everybody subscribes to the climate change religion…..
Oh dear
And still there's no logic in the use of petrol All the push is electric cars with slow charge times from coal power, and short range while hydrogen fuel cell cars struggling to get support.
What a surprise! All talk not action.