A comprehensive study confirms that oil companies are largely all talk and no action when it comes to clean energy initiatives
This week a peer-reviewed study confirmed what many have suspected for years: major oil companies are not fully backing up their clean energy talk with action. Now the PR and advertising firms that have been creating the industry’s greenwashing strategies for decades face a reckoning over whether they will continue serving big oil.
The study compared the rhetoric and actions on climate and clean energy from 2009 to 2020 from the world’s four largest oil companies – ExxonMobil, Chevron, Shell and BP. Writing in the journal Plos One, researchers from Tohoku University and Kyoto University in Japan conclude that the companies are not, in fact, transitioning their business models to clean energy.