Analysis | 5 things to know before today's blockbuster Big Oil hearing

Analysis: 5 things to know before today's blockbuster Big Oil hearing

10/28/2021 3:57:00 PM

Analysis: 5 things to know before today's blockbuster Big Oil hearing

Expect broad questions from lawmakers on climate change efforts, gas prices, and parallels to the Big Tobacco hearings of the 1990s.

5 things to know before today’s Big Oil blockbuster hearingThe CEOs of six major fossil fuel companies and trade associations will testify on Capitol Hill today about their alleged role in misleading the public about climate change.TheHouse Committee on Oversight and Reform

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will hear from the top executives of ExxonMobil, BP, Chevron, Shell Oil, the American Petroleum Institute (API) and the U.S. Chamber of Commerce about their reported efforts to spread climate disinformation.Story continues below advertisementthat the CEOs had agreed to testify after

Rep. Ro Khanna(D-Calif.), who chairs the House Oversight and Reform Subcommittee on Environment, threatened to subpoena them.AdvertisementHere are five key things to know before the hearing, which you can watch in person or.1. Khanna will focus on climate science, tobacco parallels

Khanna said in an interview with Dino on Tuesday that he plans to press the executives on the fossil fuel industry’s role in downplaying the scientific consensus on climate change.“They need to answer what they knew about climate science, why they deliberately misrepresented the science for decades,” he said.

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Story continues below advertisementAt an infamous hearing in 1994, the CEOs of the seven biggest U.S. tobacco companies — dubbed the “seven dwarfs” — testified under oath that they believed nicotine was not addictive.“What hurt tobacco was their refusal to come clean,” Khanna said. “I mean, if they had just acknowledged that nicotine was addictive, it wouldn’t have been the pivotal moment it was. So my expectation is that the oil executives aren’t going to want to perjure themselves, that they will admit to the past misrepresentations and some of the ongoing misrepresentations.”

Advertisement2. Republicans will slam Biden on gas prices, Keystone XLRep. James Comer(R-Ky.), the top Republican on the Oversight panel, told Dino on Tuesday that he intends to pin high energy prices onPresident Biden’s climate agenda.Story continues below advertisement

“It’s funny that the Democrats are having a hearing focused on the oil and gas industry spreading climate disinformation at the same time Joe Biden and his administration [are] consulting with them on policy and requested their help to address rising gasoline prices,” Comer said.

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Republicans also invited as a witness a welder who was laid off from working on the Keystone XL oil pipeline after Biden revoked a key permit for the project — an example, they say, of how Biden’s climate moves have cost American jobs.3. ExxonMobil will be in the hot seat

We expect Democrats to save some of their sharpest questioning about climate disinformation for ExxonMobil CEODarren WoodsAdvertisementStory continues below advertisement

Read more: The Washington Post »

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Jan. 20, 2009: President Barack Obama gives his inaugural address.

Op-Ed: Will Congress expose Big Oil like it did Big Tobacco in the '90s?This week Congress can expose the deceptions of Big Oil as it did for Big Tobacco nearly three decades ago. opinion No, because they were able to chalk tobacco use down to an individual health choice and enriching the insurance industry. There's also money to be made by the war lobby because of oil and Congress is in full control by both industries. opinion No. opinion I hope so.

Democrats Are Coming After Big Oil Over the Industry's Endless Climate BullshitBut there won’t be a real reckoning — or real solutions to our biggest problems — unless we take on “Big Disinformation” It's interesting how tough Rolling Stone can be with its words when it comes to pandering to the left but they've remained silent on kids still in cages and the highest deportation rates in the nation's history under Biden. Rolling Stone social media intern is having a bad day. Poor thing. They should.

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WSJ News Exclusive | Third Point Has Big Shell Stake, Urges Energy Giant to Break UpActivist hedge fund Third Point has taken a large stake in Shell and is urging the oil giant to split into two companies to retain and attract investors good Let them flee. Real ones know the reckoning is coming when it hits the fan in couple years and folk realise it ain't happening. By 2030 all green ideas will be laughable, world will be hostile AF scrambling for any old fossil fuels.

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