1y ago

Big oil quietly walks back on climate pledges as global heat records tumble

www.theguardian.com Big oil quietly walks back on climate pledges as global heat records tumble

Energy firms have made record profits by increasing production of oil and gas, far from their promises of rolling back emissions

Leading energy companies are intent on pushing the world in the opposite direction, expanding fossil fuel production and insisting that there is no alternative. It is evidence that they are motivated not by record warming, but by record profits, experts say.

BrainWorms @lemm.ee

Big oil quietly walks back on climate pledges as global heat records tumble

www.theguardian.com /us-news/2023/jul/16/big-oil-climate-pledges-extreme-heat-fossil-fuel

1 0

TechNews @radiation.party

Big Oil quietly walks back on climate pledges

www.theguardian.com /us-news/2023/jul/16/big-oil-climate-pledges-extreme-heat-fossil-fuel

7 0

World News @lemmy.ml

Big oil quietly walks back on climate pledges as global heat records tumble

www.theguardian.com /us-news/2023/jul/16/big-oil-climate-pledges-extreme-heat-fossil-fuel

942 326

85 comments

expanding fossil fuel production and insisting that there is no alternative.
No alternative? No fucking alternative? Like... We're talking about extinction level scenarios and they're like "yeah, okay, we're all going to die, but I don't think your suggested alternatives to that are viable"
Like, don't they see that their profits ultimately depend on humanity existing to consume their products? What the fuck is wrong with them? Who do they think will bail them out when the planet is too fucking hot to live on?
- They hope or think they will be dead long before that happens and fuck future generations they are sociopaths.
- Companies like Exxon literally buy up green technology that could have huge, net-positive, impacts in the climate resiliency sphere/in combating climate change because they don't want the competition. The sheer audacity of this bald-faced fucking lie. What is the point of money on a dead planet, morons?
  
  Why are these greener companies selling to them?
- Like, don’t they see that their profits ultimately depend on humanity existing to consume their products?
  Well, that's a problem for the next quarter. Right now we have to push those sales.
  
  Snarky, but accurate.
- Profits now think later. Duh
  
  Problem is the ceos, shareholders are mostly in their 50s so they only have at most 50 years of their lives left. They don’t need to care about the future. They don’t need to care about warming , heating, burning, as they can turn on their AC and stay comfy. Also Many oil production countries are not the most morally responsible countries.
- Rich don't give a rats ass about any plebs. They know humanity is doomed. They will live their "best" life possible in resorts or on yachts, etc....until end of times.
  
  Yeah, they're not the ones who have it hot. They've got airconditioning in their yachts.
- If all of the oil companies comply, all is gonna be well. If only one of them doesnt, things are gonna end up well as well. If only two dont, its probably still gonna be good. If three.....
  They just all wanna be that "one company that doesnt comply", so they all dont comply.
  There is a known experiment about 100 students being given a choice before a test - choose A and you gain 2 extra points. Choose B and you gain 6 extra points. However, if more than 30% of the students choose B, no one gains anything. From what i checked, in every iteration of this experiment, no one gained anything in the end. Thats just human nature.
  
  Similarly, the Prisoner's Dilemma.
- I'd go so far as to say if the alternative is extinction, absolutely no action, no matter how drastic and no matter the collateral damage, is unjustified as long as it works.
- Yeah, but I think I'd literally die if I were forced to, ugh!, walk to the nearest fast food restaurant. (That's, like, a mile!) How would I order from the drive-thru without a car, huh? Besides, I need the AC because it's so hot out.
  (/s, of course)

Remember, folks, it’s only “socialism” when we talk about sharing profits among the people. Sharing blame and responsibility is perfectly okay!
- Man you couldn't of said it any better.
  
  But you could have

A surprise to no one.
- I’m surprised it took this long

“They (Oil companies) have left no doubt that their pledges were deployed for cynical political purposes, only to be ditched when they no longer suited the industry’s strategic position,”
That strategic position was to avoid being governed, said Timmons Roberts, professor of environment and sociology at Brown University.
“The climate commitments … were almost certainly made to give the impression that they don’t need to be regulated because their voluntary pledges are adequate,”
You know, I'm kinda tired of every article about oil companies being either something straight out of police reports or just being the same "No shit, Sherlock" about them being evil, lying, manipulative and greedy assholes. I'd love to see them being fined some 50 billion dollars, but I feel they'd manage to overturn that anyway. Justice and police exist to protect property.
- justice and police exist to protect the rich
  Ftfy
  
  media, justice and police exist to protect the rich
  FTFTFY
- If they were fined for fifty billions, they'd argue until they settled for two hundred millions and it would be hailed as a leap forward for justice. :-/
- The problem with fining industry is that industry isn't sentient. It's the C-levels and management types that need to be seriously punished for pursuing profits over human lives. As long as we don't do that, nothing is going to change. If you fine Shell 50 billion dollars, nothing substantial changes for the higher ups. Even if these guys would stop making money all together, it would just mean they would have to stop spending so much god damned money and just live of of the millions they've already made.

I love the movie V for Vendetta.
Just throwing that out there.

Who could’ve seen this coming! /s
- I wonder if they will see me coming.
  
  Do you come often?

Don't look up
- Gooood movie.

We knew and yet it's still so infuriating

Warmer climate, more AC, more need for natural gas and petroleum product powered energy production.

No way!

They'll never do anything good as long as they still make money. That's what needs to change.

Well sure! Green marketing is expensive! We have oil products to sell. Green costs. Easy decision.
/S

Capitalism will surely save us though.

I honestly do not think that it is oil companies that should fight climate change. They should provide oil derived product as required by economy. It is OUR COLLECTIVE RESPONSIBILITY to act. Through individual choices, through government incentives, through carbon taxes and so on. To expect that all oil companies together will act against their profits and interests is naive.
- Did an oil company write this?
  
  I hope so. You'd have to be crazy to think like that otherwise.
  
  Yes, attack the messenger, not the message. Leads to good and intellectual discussions.
- Yes, because oil companies are totally NOT spending millions of dollars fighting every possible movement, organization or act to hold them responsible for the damage they're causing. Clearly, we just need to hold hands and everything will be solved!
  Also, as an individual, you don't choose whether the electricity you get comes from a gas power plant, hydro dam, coal or something else. You don't get to choose whether the thing you're eating was transported from a diesel truck or an electric vehicle. There are many, many steps before you get a final product that needed fossil energy
  
  Actually, you can change your provider and chose more green provider. Also, if you own the house, you can put solar on your roof.
- Expecting oil companies to solve climate change is like expecting car companies to solve traffic jams.
  It's naive thinking.
  Carbon taxes and cheap nuclear power. We have had the two main required policy tools and technology since the 1980s to solve climate change.
  
  Carbon taxes just offload the emissions to poorer regions. This has been studied extensively.
  
  Those two things are great solutions for the billionaires but absolutely suck for everyone else, no wonder you see them pushed so much.
  The first is a tax which will strongly affect the poor while allowing the rich to continue as normal, the second allows the rich to control power generation and essentially continue the monopoly rather than move towards decentralised sources which can be community run.
  We need to switch from a greed based system which obsesses over displays of wealth and move to a more ecologically sound way of existence, but people can't even consider taking the slightest responsibility for their lifestyle
- Respectfully, you are removed

85 comments