'Given all the loopholes and disinformation in their companies' 'net-zero' pledges, it's no wonder these board members are dodging the committee's request to testify.' climatecosts
last month, climate experts have denounced Exxon's plan to achieve net-zero carbon emissions by 2050—a plan that leaves out the bulk of their products' emissions—as"greenwashing."the loopholes contained in the fossil fuel companies' climate pledges in a recent report showing that none will help the world limit global heating to 1.5° above pre-industrial levels in keeping with the Paris climate agreement.
Rely on post-emission compensation rather than actually reducing emissions, with promises to plant trees or introduce carbon capture and storage; and The plans"ultimately serve little more than to greenwash the fossil fuel industry's image and deceive customers about the climate risks inherent in continued use of its products," said CCI.
The board members who have declined to testify are climate Dr. Susan Avery of Exxon, activist investor Alexander Karsner of Exxon, Enrique Hernandez of Chevron, Melody Meyer of BP, and Jane Holl Lute of Shell.before the same committee but refused to say, under oath, that they would stop spending money to oppose climate action.
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