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Climate Action 100+ alliance is bigger than Big Oil
Oil executives have used CA100+ joint statements as fig leaves. Until now. Go figure. The brainpower, technology and investment to slow global heating are readily available. Time is short, and the energy incumbents have the know-how, financial muscle, and...
Shareholders’ rebellion over non-committal “climate ambitions”
In 2020, the AGM season for Big Oil was characterized by a shareholders’ rebellion over non-committal “climate ambitions” This year’s AGMs of Equinor, Shell, and Total showed the exact same pattern: all three companies announced a “new climate ambition”, rejected the...
Briefing for climate lawsuit Friends of the Earth Netherlands vs Shell
Tuesday 15 December and Thursday 17 December are the third and fourth days of hearings in the lawsuit of Friends of the Earth NL vs. Shell. Shell can easily avoid a lengthy legal process by accepting the Follow This climate resolution, as Friends of the Earth NL uses...
RI: Oil majors’ promises need a reality check
“Each of them wants to remain a fossil fuel giant, only not look like one,” said Van Baal. “Apparently far more pressure from society and responsible investors is needed to make oil executives see the writing on the wall.” According to a report from Oil Change...
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