How do oil companies afford to spend $200 million on lobbying and PR for climate change denial since the Paris Accord on climate change? [influence maps]
Because it's just 0.01% of the $2 trillion that banks have invested in them since then. Or around half of the profit they make in 1 day. [clean technica]
And all this time, they've known about climate change as is clear from their internal memos. They even funded some of the science that made it clear that it was caused by human activity. And this was back in the 1970s. But their PR has been primarily aimed at confusing the issue and creating doubts about climate science. [Environmental Research Letters]
The big oil companies knew that burning fossil fuels would heat the atmosphere. They had a pretty good idea of the kind of damage this would do. And they set out to confuse the issue in the minds of the public and politicians.
Even worse, as lobbyists they have a seat at the table in making relevant policy in the EU. And there they have actively worked to dial down our response to climate change and our ability to respond to it. Big tobacco were responsible for millions of deaths. Big oil set out to kill us all. They have set out to kill all animal life on the planet. For profit. We have war crimes. Crimes against humanity. But what do we even call a crime on the scale endangering all animal life on the planet? Omnicide?
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