Major energy companies are not doing enough to prevent the worst effects of climate change despite public promises to fight the problem, a U.S. House panel said about documents released on Friday that it got in a probe.
, which included internal corporate emails, late last year after a hearing grilling them over their response to climate change.showed major oil companies discussing the strategy of selling off, or divesting, oil and gas fields to smaller companies to lower their own emissions - a move that simply shuffles those emissions to the next company without reducing them, the panel said.
"It’s no different, however, when we are denied resource access in the U.S. and that energy need is then met with resources in a country that has far fewer regulations than we do in a modern, civilized society," he said in the email. The documents also show that industry group the American Petroleum Institute's 2021 strategy on climate change has been organized around "the continued promotion of natural gas in a carbon constrained economy."
Representative Carolyn Maloney, the committee chairwoman, said the executives admitted in testimony last year to the panel that oil and gas production is contributing to a climate emergency, but that they have been doing too little to address the issue.
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