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Global Repercussions (@Global_Repercussions) · 07/2024 · Tröts: 304 · Folger: 32
Di 30.07.2024 09:46
https://www.vox.com/climate/363076/climate-change-solution-shell-exxon-mobil-carbon-capture
Oil companies sold the public on a fake climate solution — and swindled taxpayers out of billions
by Amy Westervelt
21 - 27 minutes
This story was published in partnership with Drilled, a global multimedia reporting project focused on climate accountability, and was supported by the Pulitzer Center.
This spring, #Democrats wrapped up a nearly three-year investigation into the #fossilfuel industry’s role in #climate #disinformation, and asked the Department of Justice to pick up where they left off. In House and Senate Democrats’ final report and hearing, investigators concluded that major oil companies had not only misled the public on climate change for decades, but also were continuing to misinform them about the industry’s preferred climate “solutions”— particularly #biofuels and #carboncapture.
Sen. Sheldon Whitehouse (D-RI) and Rep. Jamie Raskin (D-MD), who spearheaded the investigation, also accused oil companies of “obstructing” the investigation, submitting few documents, and redacting much of what they did send. One ExxonMobil employee who spoke with Drilled and Vox under condition of anonymity for fear of retaliation described what the company sent as “a truly random assortment of unimportant documents.”
But there was at least one notable exception in the form of a report detailing the company’s projections for the future of carbon capture technology.
If you’ve read the New York Times recently, or seen this ad on Politico’s website or heard it on one of its podcasts, or listened to the Planet Money podcast, you may have noticed the industry’s relentlessly positive marketing of carbon capture, which aims to collect and store #CO2 #emissions from power plants and industrial and fossil fuel extraction facilities, so they don’t add to global warming. The Intergovernmental Panel on Climate Change (IPCC) has said carbon capture might be necessary to reduce the emissions of certain “hard to abate” sectors like steel, concrete, and some chemical manufacturing, but noted that in the best-case scenario, with carbon capture technology working flawlessly and deployed at large scale, it could only account for a little over 2 percent of global carbon emissions reductions by 2030.
That hasn’t stopped major #oil companies from claiming that carbon capture and storage “will be essential for helping society achieve net-zero emissions,” that they are delivering “carbon capture for American industry,” working on reducing emissions in their own businesses (also referred to as “carbon intensity”), and delivering “heavy industry with low emissions.” But internal documents obtained during the federal investigation, as well as information that industry whistleblowers shared with Drilled and Vox, reveal an industry that is decidedly more realistic about the emissions-reduction potential of carbon capture and storage technology, or CCS, than it presents publicly.
#climatecrisis #globalwarming #republicans #gop #election2024
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