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The accounting companies hired by oil companies to evaluate their inflated financial claims are on the hook from investors frustrated by the lack of accountability.
Despite talk of an energy transition and a wave of fossil fuel bankruptcies, big bank CEOs described plans to continue business with beleaguered fossil fuel industries.
"We canโt recall another time that an energy companyโs shareholder has been so effective and forceful in showing how a companyโs failure to take on climate change has eroded shareholder value."
The Wycombe MP has found his climate science denying friends most receptive to his tweeting -- the rest of his followers, less so.
It's a climate problem and why U.S.-China talks are essential.
The fracking industry's over-the-top claims to investors have been the norm, but even when proven to be fraudulent, companies suffer almost no consequences.
Companies face shareholder votes over climate policy lobbying, emissions disclosures, and aligning their plans with the Paris Agreement.
Banks and investors have given up on the U.S. fracking industry, which is bad news for current investors who waited too long to get out.
A major new catalogue of fossil fuel company adverts based on research by DeSmog shows the gap between their public image and the reality of their operations.
The total cost of decommissioning offshore oil wells around the world is expected to be over $100 billion by 2030.
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