Top oil firms spending millions lobbying to block climate change policies, says report
Source: The Guardian
Top oil firms spending millions lobbying to block climate change policies, says report
Ad campaigns hide investment in a huge expansion of oil and gas extraction, says InfluenceMap
Sandra Laville
Fri 22 Mar 2019 00.01 GMT Last modified on Fri 22 Mar 2019 00.45 GMT
The largest five stock market listed oil and gas companies spend nearly $200m (£153m) a year lobbying to delay, control or block policies to tackle climate change, according to a new report.
Chevron, BP and ExxonMobil were the main companies leading the field in direct lobbying to push against a climate policy to tackle global warming, the report said.
Increasingly they are using social media to successfully push their agenda to weaken and oppose any meaningful legislation to tackle global warming.
In the run-up to the US midterm elections last year $2m was spent on targeted Facebook and Instagram ads by global oil giants and their industry bodies, promoting the benefits of increased fossil fuel production, according to the report published on Friday by InfluenceMap.
-snip-
Read more: https://www.theguardian.com/business/2019/mar/22/top-oil-firms-spending-millions-lobbying-to-block-climate-change-policies-says-report
______________________________________________________________________
Related: Big Oil’s Real Agenda on Climate Change (InfluenceMap)