Texas’ largest electric utility last night tentatively approved a record $45 billion takeover bid by two private equity firms in a deal hailed by environmentalists as a major turning point in the battle against global warming. The prospective owners of the TXU Corp. have told environmental groups that they would cancel eight of 11 coal plants proposed by the company and also back national legislation for mandatory reduction in carbon dioxide emissions.
The acclaimed climate accountability journalist says bold steps are needed to reverse the insidious impact of decades of industry propaganda on the public square.
With a U.S. Supreme Court decision looming on whether the company can be held liable for climate deception, internal documents show a campaign to question science.
Judges highlight stories revealing oil and advertising industry tactics for prolonging the fossil fuel era.
Campaigners say advertising and PR agencies are โnowhere closeโ to giving up their oil and gas clients.
