New report accuses fossil fuel companies of greenwashing, but profits are up [Yahoo! Finance]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
The 65 page-long report, jointly authored by the Democrats House Committee On Oversight And Accountability and the Senate Committee on the Budget, contains files subpoenaed from big oil companies that “demonstrate for the first time that fossil fuel companies internally do not dispute that they have understood since at least the 1960s that burning fossil fuels causes climate change and then worked for decades to undermine public understanding of this fact and to deny the underlying science”. Previous documentation has shown that companies including Exxon knew about human-made climate change since at least 1981, and files released earlier this year suggest it may have been known since the 1950s. The importance of this report lies in proving that fossil fuel companies not only knew, but privately believed the science despite public rejection. The files also show the tactics used by major fossil companies to discredit climate activism, the report says, among them “pivot[ing] from ou
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- 5/9/24 - Form 13F-HR
- BP's page on the SEC website