#KickBigPollutersOut
#KickBigPollutersOut
Since then, many fossil fuel companies, including Total, have adopted net zero plans while continuing with fossil fuel production, but have got away with it (until now).
Since then, many fossil fuel companies, including Total, have adopted net zero plans while continuing with fossil fuel production, but have got away with it (until now).
www.lemonde.fr/en/environme...
www.lemonde.fr/en/environme...
3/3
3/3
1️⃣ About the EU Energy Industry Advisory Group, created after Russia's invasion, in which the fossil fuel industry got direct access to decision makers - and public subsidies.
2/3
1️⃣ About the EU Energy Industry Advisory Group, created after Russia's invasion, in which the fossil fuel industry got direct access to decision makers - and public subsidies.
2/3
💰 Companies raked in billions.
📈 Over 75% of profits went to shareholders.
🔬 Investment in their own businesses & green innovation? Barely there.
💰 Companies raked in billions.
📈 Over 75% of profits went to shareholders.
🔬 Investment in their own businesses & green innovation? Barely there.
The report makes it clear: the problem is not a lack of money, but their prioritisation of shareholder payouts over investment.
The report makes it clear: the problem is not a lack of money, but their prioritisation of shareholder payouts over investment.
Shell distributed 97% of their profits to shareholders, Total energies 86%, and others like Eni and BP provided payouts that exceeded their profits.
📰 www.climatechangenews.com/2025/02/20/b...
Shell distributed 97% of their profits to shareholders, Total energies 86%, and others like Eni and BP provided payouts that exceeded their profits.
📰 www.climatechangenews.com/2025/02/20/b...