Fuel Sector: Way Media and Exxon Mobil

fuel sector: The fossil fuel sector has ramped up a quite strategic program of influencing the climate agenda, Influence Map Executive Director Dylan Tanner said, according to The Japan Times. It's a continuum of activity from their lobby trade groups attacking the details of regulations, controlling them all the way up, to controlling the way the media thinks about the oil majors and climate. Despite outwardly committing to support the Paris agreement and its aim to limit global temperature rises, Exxon Mobil, Shell, Chevron, BP and Total spend a total of 200 million a year on efforts to operate and expand fossil fuel operations, according to Influence Map, a pro-transparency monitor. ; Two of the companies Shell and Chevron said they rejected the watchdog's findings. The report comes as oil and gas giants are under increasing pressure from shareholders to come clean over how greener lawmaking will impact their business models. At the same time, the International Panel on Climate Change composed of the world's leading climate scientists issued a call for a radical drawdown in fossil fuel use in order to hit the 1.5 C warming cap laid out in the Paris accord. As planet-warming greenhouse gas emissions hit their highest levels in human history in 2018, the five companies wracked up total profits of 55 billion. (news.financializer.com). As reported in the news.

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