Monday, September 26, 2022

Big Oil greenwashes itself, as EVs gain momentum ⭐

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With the emergence of electric vehicles and related infrastructure, the oil industry is set to deal with a major blow. We introspect, how Big Oil is propagating delay in clean energy adoption to save its own interest? An introspection. An interesting drama is going on between Big Oil and the Electric Vehicle (EV) industry. After years of lobbying hard against EVs, the fossil fuel industry is greenwashing itself by trumpeting its efforts in advancing alternative energy. At least on paper, it is doing so. Royal Dutch Shell published its annual environmental report in April, it boasted that it was investing heavily in renewable energy. The oil giant committed to installing hundreds of thousands of charging stations for electric vehicles around the world to help offset the harm caused by burning fossil fuels. Donating to lobby groups On the same day, Shell issued a separate report revealing that...

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