The most ambitious climate pledges from Big Oil are still weak
Photo by Paco Serinelli / AFP via Getty Images
Another day, another oil giant pledging to fight climate change. Eni, one of the world’s biggest fossil fuel companies, announced today that its oil and gas production will peak in 2025. Earlier this month, BP said that it wants to virtually eliminate its greenhouse gases by 2050. Royal Dutch Shell and Spanish petroleum company Repsol have made promises to cut down on how much planet-heating pollution they put out, too. Yes, we now live in a world where corporations that make an extremely opulent living out of dredging up fossil fuels are competing with each other for green credentials. They’re somehow doing so without actually quitting the fossil fuels that are responsible for bringing about the climate crisis in the first place.
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