No company should get kudos for splashy climate pledges unless it also insists that the industry groups it supports are working toward its stated climate goals. Read more >
www.allenandallen.com/CC
Bribery and Corruption at Utilities Cost Them–and Us–Big
Mike Jacobs, Senior energy analyst
August 31, 2020 12:38 PM EDT
Efforts to shield fossil-fired suppliers from the effect of state policies and competition from other resources results in additional customer costs and increased climate damage. Read more >
U.S. Geological Service
Bankrolling Climate Disaster: Stop the Money Pipeline to Fossil Fuel Companies
Kathy Mulvey, climate accountability campaign director
April 21, 2020 9:23 AM EDT
This year’s Earth Week occurs at a time when the cracks in our economic system are becoming painfully clear. At the same time, fossil fuel companies are seeking to take advantage of the COVID-19 pandemic, even as fenceline communities adjacent to fossil fuel facilities now face disproportionate risk of COVID-19 in addition to the health impacts of fossil fuel pollution. Read more >
Creative Commons by 2.0/Daniella Beccaria
Shell Inches Forward on Climate Action
Kathy Mulvey, climate accountability campaign director
April 17, 2020 7:00 AM EDT
Royal Dutch Shell yesterday announced an update to its climate “ambitions,” stating that the company aims to be a net-zero emissions energy business by 2050, if not sooner. While Shell explicitly seeks to bring net global warming emissions from its operations to zero by mid-century, the company’s pathway for reaching net zero emissions from the use of its products is less clear. Read more >
Three Reasons Investors Should Give ExxonMobil’s 2020 Climate Report the Thumbs-Down
Kathy Mulvey, climate accountability campaign director
January 29, 2020 6:45 PM EDT
Yesterday, ExxonMobil quietly published its 2020 Energy & Carbon Summary, the company’s latest report in response to rising shareholder demands for improved climate risk disclosure. While the report came without fanfare, you can bet that ExxonMobil will be hammering away at these talking points in the lead-up to its annual general meeting in late May. My hot-take: investors should not be duped by this slick, self-serving attempt by the oil and gas giant to claim that it’s doing its part to address climate change. Here are three reasons why. Read more >