ExxonKnews: Fossil fuel companies aren’t advancing climate solutions. This report proves it.

Oil companies are promoting “illusory” solutions instead of funding real ones, a new report by the International Energy Agency found.

ExxonKnews

December 1, 2023

Oil companies talk a big game about their commitment to addressing climate change — but most of them aren’t actually participating in the clean energy transition at all, the latest report by the International Energy Agency (IEA) has found.

Instead of investing in clean energy, the IEA said last week, fossil fuel companies are marketing “illusory” solutions like carbon capture and storage while opening new oil and gas developments that will continue to fuel climate chaos.

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