ExxonKnews
February 2, 2023
Shell just blasted through its previous records for annual earnings, more than doubling its profits in 2022 to nearly $40 billion. Calls to make the polluter pay for the climate damages it fuels are reaching a fever pitch.
Like its American counterparts, Exxon and Chevron, which also blew the lid off their previous profits records last year, Shell has made a fortune off of fossil fuels while lying to the public about their catastrophic consequences — and communities are paying the price.
And they’re lying about transitioning to clean energy, too. This week, advocacy group Global Witness filed a groundbreaking complaint with the Securities Exchange Commission that documents Shell’s wildly misleading claims to investors about its renewable energy investments.