'This study confirms what observers have always known about Big Oil's climate pledges: They're all hot air,' said Richard Wiles of climatecosts.
"This empirical work by independent scholars," said one environmental scholar, proves what climate activists have argued all along.While continuing to fuel the climate emergency over the past decade, oil and gas majors relied on misleading messages rather than actually taking action to transition to clean energy,"This study confirms what observers have always known about Big Oil's climate pledges: They're all hot air.
"We found a strong increase in discourse related to 'climate,' 'low-carbon,' and 'transition,' especially by BP and Shell," the paper states."Similarly, we observed increasing tendencies toward strategies related to decarbonization and clean energy. But these are dominated by pledges rather than concrete actions."
The document emphasizes that"until actions and investment behavior are brought into alignment with discourse, accusations of greenwashing appear well-founded."to highlight efforts to lower"the carbon intensity in our operations" and invest in"lower-emissions projects."
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