Energy firms have made record profits by increasing production of oil and gas, far from their promises of rolling back emissions

Leading energy companies are intent on pushing the world in the opposite direction, expanding fossil fuel production and insisting that there is no alternative. It is evidence that they are motivated not by record warming, but by record profits, experts say.

  • flybynightpotato@kbin.social
    28·
    1 year ago

    Companies like Exxon literally buy up green technology that could have huge, net-positive, impacts in the climate resiliency sphere/in combating climate change because they don’t want the competition. The sheer audacity of this bald-faced fucking lie. What is the point of money on a dead planet, morons?

        • Indie@lemmy.fmhy.mlEnglish
          81·
          1 year ago

          Sounds like they were highly motivated to make the world better. Oops, guess they weren’t. Just profit driven whores like many other big disaster companies in the world.

          Anyways, there always nuclear power.

        • Indie@lemmy.fmhy.ml
          3·
          1 year ago

          Well, no shit. Hadn’t thought of that.

          Imagine spending all the time and effort just to be bought out by a big terrible monster they have all been claiming were bad. Enjoy the clams.

          • Meowoem@sh.itjust.works
            1·
            1 year ago

            They don’t know they’re getting brought out to be destroyed, it’s the same way Microsoft used to operate ‘oh this tech is amazing we’ll invest and help bring it to the masses!’ closely followed by ‘ok now you signed it over pack it all up into the incinerator…’

      • kent_eh@lemmy.ca
        3·
        1 year ago

        Why are these greener companies selling to them?

        Often because they don’t have the capital to roll out their technology and need to go to the market for investment.

        But then the investment market fucks them.