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"Your pain is his paycheck," said one congressman of the president, who holds tens of millions of dollars in oil and gas stocks.
As oil giant Shell posted its third-quarter profits Thursday, the "freaking fortune" President Donald Trump mentioned last weekend at a campaign rally in Georgia became clear.
The president had noted that oil prices are "temporarily high," eight months after he joined Israel in launching an illegal, unprovoked war against Iran, setting off a conflict in which Iran swiftly closed the Strait of Hormuz in retaliation and sent energy prices soaring in the US and around the world.
"The United States oil and gas business is making hundreds of billions of dollars," Trump said at the rally ahead of the midterm elections, in which the cost of living tops the list of priorities for voters. "I don't give a damn, I'm going to say it—we're making a freaking fortune."
The "we" he was talking about didn't appear to include the vast majority of Americans, who are paying an average of $4.23 per gallon for gas—up from $2.87 before the Iran War started.
But it did include Shell, which said Thursday it had doubled its profits in the last quarter from July-September, raking in $10.8 billion. In the third quarter of 2025, the company made $5.4 billion.
Shell's investors were also among those making a "freaking fortune," with the company planning to return $5 billion through its share buyback program over the next three months—up from $3 billion last quarter.
UK company BP and other US oil majors, including ExxonMobil and Chevron, are expected to post their third-quarter profits on Friday, but in France, TotalEnergies reported similarly skyrocketing income.
The company reported a record-breaking net profit of $8.3 billion from July-September, while the Spanish oil giant Repsol quadrupled its profits over the first nine months of 2026, raking in $5.6 billion.
French government spokesperson Maud Bregeon told the TV network BFM that officials had asked TotalEnergies to "set an example" by passing on its savings to consumers, from the government's release of 10 million barrels of diesel from strategic reserves to distributors.
"We are asking Total to pass on the benefits of these released barrels—by lowering prices—and to continue capping prices for as long as necessary," said Bregeon. The government called on Total to reduce gas prices by 12-18 cents per liter, but CEO Patrick Pouyanne said Thursday the price reduction would likely amount to just 8-12 cents per liter.
In the US, households have paid an average of $856 more on gas since the war began—but the president has joined fossil fuel giants in reaping profits from the war that has killed more than 3,400 Iranians and more than 3,600 Lebanese people as the conflict has widened, as well as at least 21 US soldiers. Well over 100 people have been killed across other Middle Eastern countries.
With Trump continuing to trade stocks and bonds thousands of times this year, his personal holdings in the oil and gas industry have shot up to at least $22.5 million, and as much as $81.6 million. At the end of 2025 he held between $12.6 million and $46 million in the industry.
Democrats on the Joint Economic Committee in Congress said this week that Trump bought between $4.7 million and $17.5 million in oil and gas stocks from March-August, while also selling up to $5.4 million in stocks.
The White House has insisted that Trump's stock portfolio is "independently managed by third-party financial institutions," but Democratic lawmakers emphasized that the Iran War has allowed the president's personal wealth to balloon by as much as $35.8 million since February from oil and gas stocks.
With gas prices putting pressure on household budgets, said Rep. Jim McGovern (D-Mass.), "your pain is his paycheck."
Philip Evans, a senior climate campaigner for Greenpeace, told Agence France-Presse that the soaring profits for oil giants and the president are being reported "against a backdrop of near-constant climate disaster both in the UK and worldwide," and called on the UK government to "tax these companies for the untold damage they're inflicting."
"These profits go beyond mere greed," said Evans. "They are openly villainous."
The drilling will "make no real difference to our energy bills or security," said one advocate, but "it will signal to other fossil fuel producers that they too should carry on with business as usual."
With drilling in the Jackdaw gas field in the North Sea set to go forward following the United Kingdom's approval, announced on Wednesday, climate groups and progressive lawmakers demanded to know how Prime Minister Andy Burnham could declare the decision a "pragmatic" one, considering the meager job growth and energy savings and massive climate damage expected from the project.
“Is the prime minister living in a parallel universe?" asked Danny Gross, climate campaigner for Friends of the Earth (FOE). "One where we haven’t just endured our hottest summer on record, with droughts, wildfires and, in all likelihood, the most heat-related deaths on record?"
The approval of the oil and gas extraction from Jackdaw by Adura, a joint venture between Shell and Equinor, was announced as the United Nations warned that continued fossil fuel drilling has put the possibility of avoiding a global temperature rise that breaches the 1.5°C threshold out of reach, and emphasized that countries must take action to mitigate the damage and ensure the breach is temporary.
The UN said greenhouse gas emissions must be slashed by nearly one-fifth in the next four years to avoid the worst impacts of the climate crisis.
"Against this backdrop, there’s nothing that justifies giving the go-ahead to a colossal new fossil fuel project in North Sea. The disconnect is absolutely maddening," said Gross.
The Jackdaw approval was announced as the government said inflation had jumped to its highest level in almost a year, with US President Donald Trump's war on Iran and Russia's invasion of Ukraine driving up energy prices worldwide.
But an analysis by the UK climate action group Uplift, which compiled data from the public record, found that the Jackdaw project would provide enough gas to displace just 2% of the UK's current imports.
"This will not lower international gas prices paid by UK consumers," said Greenpeace, which also emphasized that Adura has admitted in an environmental statement that the project is projected to create just 27 full-time jobs—making little difference to the area surrounding Aberdeen, Scotland, the center of the UK oil industry where local officials have reported losses of 1,000 oil and gas jobs per month.
Zack Polanski, the leader of Britain's Green Party, said the projected impact of the Jackdaw project couldn't compare "to all the benefits of investing in renewables and insulating our homes."
CBI Economics found earlier this year that the UK's green economy employs more than 1 million people and is worth £100 billion ($133 billion) per year, with workers in the sector paid more than the national average.
“Jackdaw won’t make a jot of difference to our energy bills, but it will fuel the climate chaos already unfurling in front of us. The route to lower bills and true energy security lies in the UK’s vast capacity for cheap, homegrown renewable power and street-by-street home insulation programs," said Gross. “This decision makes Shell and its shareholders richer at the expense of ordinary people’s lives—a move that sees the prime minister turning his back on the very people he claims to be on the side of."
Richard Burgon, a member of Parliament who represents Burnham's Labour Party, called the approval "absolutely terrible" and urged the government not to "repeat the same mistake" with Rosebank oil field in the North Sea, which the prime minister said he would make a decision about at a later date.
Fossil fuel development in both the Jackdaw and Rosebank fields was blocked by a moratorium in 2024, imposed by the Labour government of former Prime Minister Keir Starmer. Drilling has previously been approved in 2022 and 2023 by the Conservative government. Supporters of oil and gas extraction in the North Sea have argued that since the fields were approved for exploration under the Conservatives, allowing drilling now does not violate the moratorium.
The climate impacts of the two projects are projected to cost each UK household £3,000 ($4,017) annually, according to Greenpeace, and gas production from Jackdaw is estimated to be equivalent to about 40 million barrels of oil, Adura has said.
"Using government calculations for climate harm, burning Jackdaw’s gas will cause an estimated £16.1 billion [$21.5 billion] in global damage and over 8,000 heat-related deaths," said Greenpeace.
This past summer, extreme heat across Europe helped ignite wildfires and was blamed for tens of thousands of excess deaths on the continent. The breakdown of a glacier in Nepal and Tibet also caused a flooding disaster that killed more than 1,000 people.
“It is a shame that one of the first big decisions for the new energy secretary, Miatta Fahnbulleh, has been to approve more fossil fuel drilling," said Rosemary Harris, North Sea senior campaigner for Oil Change International. "At a time where the impacts of climate breakdown are so clearly felt, from the loss of livelihoods, homes, and lives in the UK over the summer, to the devastating floods in Nepal, our government should look to the future, not cling to the past."
The approval also came weeks before Burnham is set to represent the UK at the UN Climate Change Conference (COP31) in Antalya, Türkiye.
While drilling in the Jackdaw field will "make no real difference to our energy bills or security," said Bob Ward, policy and communications director at the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science, "it will signal to other fossil fuel producers that they too should carry on with business as usual, less than a month before the COP31 United Nations climate change summit.”
Harris said that following the approval, "all eyes are now on Rosebank, and the hope that Andy Burnham and his energy secretary have the courage and vision to push back against the industry and plot a path to an energy transition that provides more security, lower bills, and a safe climate."
"We're running out of words to describe the obscenity of these numbers."
The London-based oil behemoth Shell reported Thursday that its net profit more than doubled in the second quarter of this year compared to the same period in 2025 as the Iran war pushed up energy prices, causing pain for consumers in the United Kingdom and around the world.
“These profits have been built on an energy crisis that’s left households across the country struggling with high energy bills at home and expensive fuel at the pumps," Danny Gross, energy campaigner at Friends of the Earth UK, said in a statement. "This underlines the urgent need to end our dependence on costly oil and gas."
From April to June, Shell posted $9.84 billion in profit—the company's best quarter in four years. Wael Sawan, Shell's CEO, said the company's "operational performance enabled very strong results during another quarter of severe disruption in global energy
markets, as we worked hard to provide critical energy supplies and products to our customers."
Shell said it would reward shareholders with another $3 billion in stock buybacks following the second-quarter results, which were released as the UK faced a deadly heatwave. UK authorities said Thursday that there were 2,877 heat-associated deaths in May and June—putting the country on track to see its highest level of heat-related deaths on record.
"This is obscene," Zack Polanski, leader of the UK Green Party, wrote on social media in response to Shell's earnings report.
"While the cost of living crisis continues to spiral, with food and fuel prices soaring," Polanski wrote, "so do global oil and gas companies profits."
Rudy Schulkind, political campaigner with Greenpeace UK, said that "we're running out of words to describe the obscenity of these numbers."
An analysis released last month by the environmental group 350.org estimated that over $700 billion "will be siphoned from businesses and households to the oil and gas industry" by the end of the year due to price increases caused by the war that the US and Israel launched in late February.
Oxfam projected earlier this week that the world's six largest fossil fuel corporations—Shell among them—would double their combined profit in the second quarter of 2026. The humanitarian group also found that "the emissions from BP, Chevron, ExxonMobil, Shell, and TotalEnergies were sufficient to cause around one in four heatwaves reported globally between 2000 and 2023—heatwaves that would have been virtually impossible without human-made climate change."
"Big Oil's climate deception has evolved from lying about the problem to lying about solutions," said the head of the Center for Climate Integrity.
A group that supports communities' efforts to hold Big Oil accountable for decades of deception related to the climate emergency released a report on Thursday after reviewing more than 300 advertisements from four fossil fuel giants since 2000.
Over the past decade, people across academia, civil society, Congress, and journalism have examined the evolving lies of oil and gas giants, which have long been accused of using Big Tobacco's playbook.
"Using evidence from congressional investigations, advertising, and public relations documents, independent journalism, and watchdog reports," the new analysis states, "Big Oil's Deceptive Climate Ads explains how the pervasive and misleading messaging in BP, Chevron, ExxonMobil, and Shell’s advertisements has not only misrepresented the companies' business practices, but, over the span of two and a half decades, effectively cultivated a larger, deceptive narrative that oil and gas companies are leaders in the fight against climate change, when in fact they are actively fueling climate catastrophe around the globe."
The Center for Climate Integrity (CCI) report notes that "while oil and gas companies and their trade associations publicly denied the risks and realities of climate change for decades, growing public understanding of climate science around the turn of the 21st century eventually meant that outright denial was no longer sufficient to protect their bottom line."
NEW: For 25 years, four oil giants sold false climate promises through deceptive ad campaigns.Our report examined 300+ ads from BP, Chevron, Exxon, and Shell from 2000-2025. Together they push a false narrative that Big Oil is leading climate solutions. In reality, they're fueling catastrophe.
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— Center for Climate Integrity (@climateintegrity.org) December 11, 2025 at 8:54 AM
"During this period, major oil and gas companies began to reposition themselves publicly as active partners in the fight against climate change, even while they continued to increase fossil fuel production, invest minimally in clean energy, oppose energy efficiency initiatives, and promote technically or economically infeasible solutions," the document details.
"To convey this misleading image to the public," the publication continues, "Big Oil companies carried out extensive advertising campaigns, inundating the public with messaging that creates an overall deceptive portrait of their true role in the climate crisis."
CCI sorted the ads across seven categories of deception: emissions reductions, renewables investments, individual action, natural gas, carbon capture and storage, hydrogen, and algae biofuels. The group found that "these skillfully crafted advertisements often include partially truthful statements but omit relevant contextual information to create an inaccurate or incomplete representation of the initiative, product, or technology they promote."
"For instance, advertisements that portray natural gas as beneficial for the climate because it 'lowers emissions' are misleading by omission, because although gas produces less CO2 and other pollutants than coal when burned, it still emits significant quantities of greenhouse gases, including CO2 and methane, that pose a serious threat to the climate," the publication points out. "This tactic, known as paltering, has been at the core of Big Oil companies' climate advertisements for the past 25 years."

The report also acknowledges the public response: "Market research shows BP's 'Beyond Petroleum' campaign increased brand favorability among US and UK audiences, leading viewers to associate the oil giant with efforts to reduce carbon emissions at a time when it was the largest producer of fossil fuels in the UK and North America. Chevron's 'Real Issues' campaign, which promoted its energy conservation initiatives and renewables investments, improved the company's reputation among ad-exposed audiences."
The publication comes as the climate emergency continues to worsen, with deadly impacts, and world leaders fail to take adequate steps toward "a just, equitable, fossil-free future." Meanwhile, communities continue to call for not only action to limit future global warming but also consequences for the big polluters that created the global crisis.
The report similarly concludes that "oil and gas companies—including BP, Chevron, ExxonMobil, and Shell—must be held accountable for the damages their deception has caused. As climate accountability lawsuits filed by communities across the US make their way through the courts, ongoing advertising deception by the four oil majors' in this report demands further scrutiny and investigation."
CCI president Richard Wiles echoed that demand in a Thursday statement: "Big Oil's climate deception has evolved from lying about the problem to lying about solutions. For two-and-a-half decades now, these companies have sold the public a false and misleading image of their industry as working to solve the climate crisis, all while doubling down on fossil fuels and making the problem worse."
According to Wiles, "Any business that floods consumers with such brazenly deceptive advertising must be held accountable."
Few brands have been the subject of more legal, ethical, and regulatory action for their advertising than Shell.
Last Wednesday, the Association of National Advertisers, an American trade group representing some of the world’s biggest brands and advocating on marketing public policy, appointed the CEO of Shell Brands International, Dean Aragón, as their new president.
That same day, half a world away in the Philippines, survivors of Super Typhoon Odette filed suit against Shell for their decades of contributions to climate disasters like the storm that destroyed their homes.
There is no better contrast to show how far corporate leaders have strayed from common sense when it comes to climate strategy in 2025. Cowed by headlines and short-term thinking, marketers and brand leaders of all kinds have stepped away from taking vital steps needed to protect the planet and the economy that connects us all.
Putting the head of Shell’s marketing into a leadership role at the ANA is a bizarre and self-destructive decision. Shell is the subject of dozens of legal and regulatory actions around the world for misleading marketing, and continues to produce products that directly harm dozens of ANA members in the insurance, health, and food sectors.
A forward-thinking organization with its members' interests at heart wouldn’t put their leadership in the hands of a company that harms every other sector on the planet.
The ANA is made up of companies whose business models are fundamentally threatened by climate change, which is caused by Shell's products—from Piedmont Healthcare and the American Heart Association dealing with diseases caused by extreme heat, to Mars and Anheuser-Busch struggling with higher commodity prices caused by flood and drought.
Shell has recommitted to producing more oil and gas, and less clean energy, despite their own research from the 1970s and 80s onward showing that fossil fuel production posed a fundamental threat to the global economy and the consumers who use their products.
But promoting Shell as a leader in marketing is particularly laughable. Few brands have been the subject of more legal, ethical, and regulatory action for their advertising than Shell.
Their advertising campaigns have been banned in the UK, ruled to be misleading in the Netherlands, cited as evidence in lawsuits in the United States, and are also laughably bad at times. There is no reason to be elevating the mind behind projects like “Shell Ultimate Road Trip”—a Fortnite experience that attracted single-digit users and never worked properly, or cringe-inducing, disturbing AI videos of engineers talking to their "younger selves."
In short, appointing the CEO of Shell's marketing as chair is a guarantee of the ANA losing credibility in the eyes of regulators and organizations with sustainability agendas worldwide. It’s also a sign of a lack of original thinking as the climate emergency grows and clean energy becomes the dominant form of new energy worldwide.
There is no worse representative for the marketing industry, either for regulators or for the rest of the economy, than Shell, and the ANA will lose credibility with Dean Aragón as its figurehead. A forward-thinking organization with its members' interests at heart wouldn’t put their leadership in the hands of a company that harms every other sector on the planet, or one that continues to rely on the old tropes of climate delay and denial.
The marketing industry should be looking to companies in clean energy, healthcare, and the circular economy—all growing sectors with pressing needs for communication expertise—to help chart a sustainable future. Fossil fuels and Shell represent the past and a dead end for marketers everywhere.
The lawsuit centers on Philippine laws stating that citizens have the right to a healthy environment.
Dozens of survivors of a "super typhoon" that struck the Philippines are suing fossil fuels giant Shell for its role in causing the climate emergency in a landmark lawsuit.
As reported by The Guardian, 66 victims of Typhoon Rai, a 2021 storm that killed more than 400 people and left millions more displaced, filed a lawsuit in the United Kingdom on Wednesday demanding that Shell provide them with financial compensation for their losses.
The Guardian noted that this is the first-ever civil complaint "to directly link polluting companies to deaths and personal injuries that have already happened in the Global South," as most other lawsuits against fossil fuel companies have been focused on potential future risks.
In the US earlier this year, a woman named Misti Leon sued several fossil fuel giants, arguing they were liable for the death of her mother, who died in an extreme heatwave in the Pacific Northwest in 2021.
The attorneys representing the victims in the Philippines case have invited Shell to respond to their allegations, and said they will file the case with the UK High Court by the end of the year if the two parties do not come to an agreement.
The lawsuit centers on Philippine laws stating that citizens have the right to a healthy environment, and it cites leaked internal documents from Shell that suggest it possessed full knowledge about the negative impact its activities are having on the climate.
Greg Lascelles, an attorney representing the plaintiffs, said the fact that Shell continued to aggressively expand its fossil fuel extraction operations "knowing the harm they would cause, coupled with deliberately misinforming the public, can be considered acting contrary to certain provisions of Filipino law."
A spokesperson for Shell told The Guardian that it is not fair to blame their company exclusively for the global climate emergency.
"The suggestion that Shell had unique knowledge about climate change is simply not true," they said. "The issue of climate change and how to tackle it has been part of public discussion and scientific research for decades."
One 1988 document from Shell cautioned that "by the time the global warming becomes detectable it could be too late to take effective countermeasures to reduce the effects or even to stabilize the situation," while another projected that "catastrophic weather events" could eventually trigger lawsuits against governments and oil companies.
"After all, two successive [Intergovernmental Panel on Climate Change] reports since 1995 have reinforced the human connection to climate change," wrote Shell scenario planners.
Although the lawsuit against Shell is the first to directly link fossil fuel companies to recent climate disasters in the Global South, Climate Home News noted in a Thursday report that many legal experts believe that a ruling earlier this year from a court in Germany "confirmed that climate science can establish legal liability for damage caused by emissions."
Specifically, the court this past May found that companies can be held liable for climate damages, although it dismissed a specific claim from a Peruvian farmer who had sued German energy company RWE for allegedly putting his home at risk of floods due to melting glaciers.
As The Guardian reported at the time, the court ruled that polluters "must bear the costs in proportion to their share of... emissions" if they fail to take "preventative measures" to reduce environmental destruction.
"The spills have terribly affected the Bille community," said one Nigerian plaintiff. "Our ecosystems are dead. Our livelihood depends on fishing."
After years of delay tactics, Shell is set to go on trial in London this week over claims that hundreds of spills caused by the fossil fuel giant have destroyed Nigerian communities and violated their residents' rights to a clean and healthy environment.
Critics say Shell has managed to avoid accountability for despoiling the environment in and around Bille and Ogale communities in the Niger Delta. Ten years ago, residents of these communities sued Shell, claiming inhabitants' livelihoods, homes, and environment had been devastated by Shell oil spills, which killed fish and vegetation and left thousands of people without access to clean drinking water.
As Bille and Ogale communities attempted to fight London-based Shell in U.K. courts, the company repeatedly delayed the case, claiming it was not legally liable for the pollution caused by its subsidiary, the Shell Petroleum Development Company of Nigeria. However, in 2021 the U.K. Supreme Courtruled that the High Court should hear the case, and last December, the country's Court of Appeals allowed it to be heard.
"The Bille and Ogale communities of Nigeria's Niger Delta oil-producing region have been living with the devastating impact of oil pollution for so long," Amnesty International Nigeria director Isa Sanusi said in a statement Monday. "Oil companies, particularly Shell, exposed them to multiple oil spills that have done permanent damage to farmlands, waterways, and drinking water—leaving them unable to farm or fish."
Ten years ago, residents from the Bille and Ogale communities in Nigeria claimed their livelihoods had been destroyed by hundreds of oil spills caused by Shell. The pollution caused widespread devastation to the local environment and left thousands without access to clean drinking water.
— Amnesty International (@amnesty.org) February 10, 2025 at 4:00 AM
"Water contamination and other impacts affect even babies that are in some cases born with deformities," Sanusi added. "These communities have been deprived of a good standard of living. They deserve justice and effective remediation, and I hope this long-overdue trial goes someway to providing it."
In 2023, the U.K. Supreme Court ruled in a separate but related case that it was too late for Nigerian plaintiffs to sue a pair of Shell subsidiaries over a 2011 spill of an estimated 40,000 barrels of oil.
Amnesty International has called the Niger Delta "one of the most polluted places on Earth."
Accountability has been rare, but in 2021 Shell agreed to pay $111 million for oil spills in the Niger Delta. This, in a year in which the company reported adjusted 2020 earnings of nearly $5 billion.
Last December, Nigeria's Ministry of Petroleum Resources approved Shell's sale of $2.4 billion in offshore and shallow-water assets to Renaissance Group, a Nigerian firm, marking the end of nearly a century of Shell's operations in the African nation. The Nigerian government is also currently in talks with local communities about resuming oil production in Ogoniland, which has been devastated by spills over the past half-century.
Responding to the U.K. Court of Appeals' greenlighting of the case set to be heard later this week, Bille Chief Bennett Okpoki said in December that "this has taken a very long time as Shell has been delaying for around 10 years."
"The spills have terribly affected the Bille community," he continued. "Our ecosystems are dead. Our livelihood depends on fishing. After the oil spills, we have found it very difficult to survive and people are not finding it easy. We hope it continues, so we can have a final victory over Shell, at least for them to come and do the cleanup, to put us in the place we were before."
One of the Rams’ corporate sponsors is an affiliate of Shell Oil, one of the worst carbon polluters on the planet.
The NFL was forced to relocate Monday night’s playoff game between the Los Angeles Rams and the Minnesota Vikings to State Farm Stadium in Arizona because the Rams’ home field, SoFi Stadium, is only 10 miles from the Palisades Fire, the largest of six active blazes in the Los Angeles area. Turbocharged by climate change, the fires have killed at least 24 people, burned more than 40,000 acres, destroyed more than 12,300 structures, and displaced tens of thousands of residents.
The day before the game, Rams quarterback Matthew Stafford told reporters that his team was playing for more than just themselves—they were playing for the entire city of Los Angeles. “Every time we suit up, we’re the Los Angeles Rams,” he said. “We play for the people in this community, the people that support us, and this week will be another example of that.”
But the Rams also play for their corporate sponsors, which ironically include Shell Oil Products US, an affiliate of a multinational oil company that bears major responsibility for the conditions that set the stage for Los Angeles’ devastating fires.
Will mounting extreme weather disasters—and stadium damage projections—ever convince the L.A. Rams and other sports teams to sever their ties to the very companies responsible for the climate crisis?
The Rams are not alone in their choice of partnerships. More than 60 U.S. pro sports teams and at least three leagues have lucrative sponsorship deals with oil companies and electric and gas utilities that afford the companies a range of promotional perks, from building signage to uniform logos to facility naming rights, according to a survey conducted last fall by UCLA’s Emmett Institute on Climate Change and the Environment. Likewise, sports teams and leagues partner with banks and insurance companies that invest billions of dollars in coal, oil and gas companies, all to the detriment of public health and the environment.
With annual payrolls running as high as $240 million in the NFL, $300 million in the MLB, and $200 million in the NBA, it is not hard to understand why teams pursue corporate sponsorships.
Companies, meanwhile, sponsor teams and leagues to increase visibility and build public trust. According to a 2021 Nielsen “Trust in Advertising” study, 81 percent of consumers completely or somewhat trust brands that sponsor sport teams, second only to the trust they have for friends and family. By sponsoring a team, corporations increase the chance that fans will form the same bond with their brand that they have with the team.
Oil companies, gas and electric utilities, and the banks and insurance companies that finance them have yet another rationale for aligning with a team or a league: to distract the public from their unethical practices and portray themselves as public-spirited, good corporate citizens. It’s called sportswashing, a riff on the term greenwashing.
When Bank of America—which invested $33.68 billion in fossil fuel companies in 2023 alone—signed on as an official sponsor of the FIFA World Cup last year, the company’s chief marketing officer explained how it works. “The World Cup is religious for the fans, it’s an entirely different beast,” he said. “It allows us a very powerful place for the emotional connections to build the brand.” Having a strong brand, he added, can provide a “halo effect” for a company.
The Rams and Shell have been partners since 2018, but in October 2023 the Rams announced that the company signed a multiyear contract for an undisclosed sum to be the “exclusive fuel sponsor” of the team, SoFi Stadium and Hollywood Park, the mixed-use, under-construction district surrounding the stadium that is owned and operated by Rams CEO Stan Kroenke. Shell now offers gasoline discounts on game days and collaborates with the three organizations on community initiatives on health, STEAM (science, technology, engineering, the arts and mathematics) education, sustainability and other issues.

The Rams could not have picked a more inappropriate partner (except, perhaps, ExxonMobil). Shell a cosponsor of community health projects? It’s one of the top 20 air polluters in the country. A supporter of STEAM education? The first initial of that acronym stands for “science,” but Shell is still funding climate science disinformation, even though it was aware of the threat its products pose as far back as the 1950s. And a promoter of sustainability? Historically the company is the fourth-biggest investor-owned carbon polluter and the second-biggest since 2016, when the Paris climate agreement to cut emissions was signed.
In 2020, the company did adopt a number of goals to achieve net-zero emissions by 2050. Since then, however, it has backtracked, reneging on its pledge to cut oil production 1 to 2 percent annually through 2030, weakening its target of reducing emissions from 25 to 40 percent by 2030 to only 20 to 30 percent, and completely abandoning its goal of lowering the total “net carbon intensity” of its products (the emissions per unit of energy) 45 percent by 2035 due to “uncertainty in the pace of change in the energy transition.”
The Rams are not the only U.S. pro team, nor the only team in California, enabling sportswashing. Chevron sponsors the Los Angeles FC soccer team, Sacramento Kings and San Francisco Giants; Arco, owned by Marathon Petroleum, sponsors the L.A. Dodgers and Sacramento Kings; NRG Energy, an electric utility that sold off its renewable energy division years ago, sponsors the San Francisco 49ers; and Phillips 66, owner of Union 76 gas stations, also sponsors the Dodgers. Although the two NBA teams in Los Angeles do not have fossil fuel industry-related sponsors, ExxonMobil is an “official marketing partner” of the NBA, WNBA and NBA Development League in the United States and China.
Given California has been plagued by climate change-driven wildfires for years, one would hope that sports teams in the state would reconsider their fossil fuel industry sponsorships. Last August, more than 80 public interest groups, scientists and environmental advocates tried to get the Dodgers to do just that, calling on the team to cut its ties to Phillips 66. “Using tactics such as associating a beloved, trusted brand like the Dodgers with enterprises like [Union] 76,” they wrote in an open letter, “the fossil fuel industry has reinforced deceitful messages that ‘oil is our friend,’ and that ‘climate change isn’t so bad.’” Since it was first posted, more than 22,000 Dodgers fans have added their names to the letter, which urges the team to end its sponsorship deal with the oil company “immediately.” To date, they are still waiting for a response.
California state, county and city governments, meanwhile, are going after the perpetrators in court. Altogether they have launched nine lawsuits against Chevron, ExxonMobil and Shell to hold them accountable for deceiving the public and force them to pay climate change-related damages. The cities filing suit include Imperial Beach, Oakland, Richmond (home to a Chevron refinery), San Francisco and Santa Cruz. Five of the nine lawsuits also name Marathon Petroleum and Philips 66 as defendants.
The UCLA survey only documented the links between pro sports teams and their leagues with oil and utility companies. Banks and insurance companies that finance fossil fuel projects also have sponsorship deals. For example, six of the 12 banks that invested the most in fossil fuel companies since the Paris climate agreement was signed in 2016—Bank of America, Barclays, Citigroup, JPMorgan Chase, Scotiabank and Wells Fargo—have each spent a small fortune on sports facility naming rights. Meanwhile, a review of the 30 NFL stadiums found that at least three are named for an insurance company with significant fossil fuel-related investments. One of those facilities is State Farm Stadium in Glendale, Arizona, where the Rams and Vikings played Monday night. The biggest home and auto insurer in the country, State Farm bought naming rights to the stadium in the fall of 2018 for an undisclosed sum.
Unlike all but one of its competitors, which have significantly cut back their investments in fossil fuel projects, State Farm has dramatically increased them, according to a September 2024 Wall Street Journal investigation. As of last May, the company held $20.6 billion in shares and bonds in 65 fossil fuel companies, including Chevron, ExxonMobil and Shell, according to a 2024 report by Urgewald, a German environmental group.
In May 2023, at the same time it was expanding its fossil fuel industry portfolio, State Farm stopped issuing new homeowner policies in California because of wildfire risks and ballooning construction costs. Less than a year later, it announced that it would not renew 30,000 homeowner policies and 42,000 policies for commercial apartments in the state. Some 1,600 of those policies covered homes in Pacific Palisades, the neighborhood just destroyed by the Palisades Fire.
State Farm’s “2023 Impact Report” states the obvious: “Being a good steward of our environmental resources just makes sense for everyone.” But for the company, that only means cutting its own carbon emissions, reducing waste at its facilities, and promoting paperless options for its customers. What about the impact of the billions of dollars the company invests in major carbon polluters? The report doesn’t mention it.
Hurricanes, snowstorms, and other severe events have forced the NFL to cancel preseason games and postpone and move regular season games in the past. But Monday night’s game in Arizona was the first time the NFL had to relocate a postseason game since 1936, when it moved the championship game between the Green Bay Packers and the Boston Redskins from Boston to New York because of low ticket sales.
What about the impact of the billions of dollars the company invests in major carbon polluters?
Going forward, the NFL and other sports leagues likely will have to move games more often, if not abandon facilities, because of climate change-related extreme weather events. A handful of events over the last two decades may signal what team owners should anticipate. They include:
Several NFL stadiums are especially at risk, according to a report published last October by Climate X, a data analytics company. The report ranks the 30 NFL stadiums based on their vulnerability to such climate hazards as flooding, wildfires, extreme heat and storm surge, and compares projected damage over the next 25 years to each stadium’s current replacement value.
The three stadiums that face the greatest threat? MetLife Stadium, SoFi Stadium and State Farm Stadium, in that order.
The report projects that MetLife Stadium, the New Jersey home of the New York Giants and Jets, will suffer the highest total percentage loss of 184 percent of its current replacement value, with cumulative damages of more than $5.6 billion by 2050 due to its low elevation and exposure to surface flooding and storm surges. (Like State Farm, the MetLife insurance company has major fossil fuel investments. As of May 2024, it held $7.4 billion in stocks and bonds in more than 200 companies, including Chevron, ConocoPhillips, ExxonMobil and Shell.)
SoFi Stadium and State Farm Stadium, meanwhile, are both expected to sustain significant losses due to increased flooding and … wildfires. The Climate X report estimates that SoFi Stadium will incur a cumulative loss of 69 percent of its current replacement value with damages of $4.38 billion by 2050. State Farm Stadium, the third-most vulnerable facility, likely will experience a 39 percent total loss, with $965 million in cumulative damages.
Will mounting extreme weather disasters—and stadium damage projections—ever convince the L.A. Rams and other sports teams to sever their ties to the very companies responsible for the climate crisis?
Last summer, U.N. Secretary-General António Guterres castigated coal, oil and gas companies—which he dubbed the “godfathers of climate chaos”—for spreading disinformation and called for a worldwide ban on fossil fuel advertising. He also urged ad agencies to refuse fossil fuel clients and companies to stop taking their ads. So far, more than 1,000 advertising and public relations agencies worldwide have pledged to refuse working for fossil fuel companies, their trade associations, and their front groups.
It is past time for professional sports teams and leagues to do the same.
"With this latest denial, the fossil fuel industry's worst nightmare—having to face the overwhelming evidence of their decades of calculated climate deception—is closer than ever to becoming a reality," said one advocate.
Climate campaigners and scientists on Monday welcomed the U.S. Supreme Court's decision to reject attempts by fossil fuel giants to quash the Hawaii capital's lawsuit aiming to hold the major polluters accountable for the devastating impacts of their products.
"This is a significant day for the people of Honolulu and the rule of law," Ben Sullivan, executive director and chief resilience officer at the City and County of Honolulu's Office of Climate Change, Sustainability, and Resiliency, said in a statement.
"This landmark decision upholds our right to enforce Hawaii laws in Hawaii courts, ensuring the protection of Hawaii taxpayers and communities from the immense costs and consequences of the climate crisis caused by the defendants misconduct," he added.
Honolulu first sued companies including BP, Chevron, ConocoPhillips, ExxonMobil, Shell, and Sunoco in March 2020. The companies have fought to shut down the case—like dozens of other climate liability lawsuits that states and municipalities have filed against Big Oil at the state level.
Shell and Sunoco led a pair of appeals to the Supreme Court, arguing that Honolulu's suit was "a blueprint for chaos" because it could inform other legal actions against fossil fuel companies and such cases "could threaten the energy industry." Similar to three previous decisions, the justices declined to intervene.
Center for Climate Integrity president Richard Wiles connected Monday's victory to the other cases, saying in a statement that "Big Oil companies keep fighting a losing battle to avoid standing trial for their climate lies."
"With this latest denial, the fossil fuel industry's worst nightmare—having to face the overwhelming evidence of their decades of calculated climate deception—is closer than ever to becoming a reality," Wiles continued. "Communities everywhere are paying dearly for the massive damages caused by Big Oil's decadeslong climate deception. The people of Honolulu and communities across the country deserve their day in court to hold these companies accountable."
Delta Merner, lead scientist for the Union of Concerned Scientists' Science Hub for Climate Litigation, similarly celebrated the decision, which she called "a resounding affirmation of Honolulu's right to seek justice under state law for the mounting climate impacts caused by fossil fuel companies' deceptive practices."
"For more than 50 years, fossil fuel companies have conducted sophisticated disinformation campaigns to obscure their own research showing that burning fossil fuels would drive climate change," Merner highlighted. "This case lays bare how these actions have contributed to rising seas, intensified storms, and coastal erosion that are devastating Honolulu's people, infrastructure, and natural resources."
"Scientific evidence is unequivocal: The human-caused emissions from fossil fuels are the primary driver of climate change," she stressed. "Honolulu's case stands as an example of how communities are using both science and the law to challenge corporate misconduct and demand accountability for climate damages."
Merner added that "the people of Honolulu are demonstrating remarkable leadership in standing up to powerful fossil fuel companies whose disinformation campaigns have directly contributed to the climate harms they now face. Their efforts serve as a powerful example for communities around the world. This decision is one step in a larger effort to seek accountability and justice."
The Supreme Court's latest blow to the oil and gas industry came just a week before the second inauguration of President-elect Donald Trump, who courted Big Oil executives on the campaign trail and pledged to "drill, baby, drill" if he won the November election.
The high court—which has a right-wing supermajority that includes three Trump appointees—had asked the Biden administration to weigh in. Last month, U.S. Solicitor General Elizabeth Prelogar
urged the justices not to intervene. Merner said at the time that her briefs "represent an important step in the pursuit of climate accountability."
"Shell thought suing us for millions over a peaceful protest would intimidate us, but this case became a PR millstone tied around its neck," said the co-executive director of Greenpeace U.K.
The United Kingdom-based oil giant Shell agreed Tuesday to settle a major lawsuit the company brought against Greenpeace after activists from the group boarded and occupied a company oil platform last year to protest fossil fuel expansion.
Greenpeace said in a statement that as part of the settlement, it agreed to donate £300,000—roughly $382,000—to the Royal National Lifeboat Institution, a charity that helps save lives at sea, but will pay nothing to Shell and accept no liability. The donation represents a fraction of the over $11 million in damages and legal costs defendants faced, the group said.
The Greenpeace defendants have also "agreed to avoid protesting for a period at four Shell sites in the northern North Sea."
"Shell thought suing us for millions over a peaceful protest would intimidate us, but this case became a PR millstone tied around its neck," said Areeba Hamid, co-executive director of Greenpeace U.K. "The public backlash against its bullying tactics made it back down and settle out of court."
"This settlement shows that people power works. Thousands of ordinary people across the country backed our fight against Shell and their support means we stay independent and can keep holding Big Oil to account," Hamid added. "This legal battle might be over, but Big Oil's dirty tricks aren't going away. With Greenpeace facing further legal battles around the world, we won't stop campaigning until the fossil fuel industry stops drilling and starts paying for the damage it is causing to people and planet."
"These aggressive legal tactics, the huge sums of money, and attempts to block the right to protest pose a massive threat."
Shell brought the case, which Greenpeace characterized as a "textbook" strategic lawsuit against public participation (SLAPP), in February 2023 and sought $1 million in damages from activists who boarded a Shell-contracted ship carrying equipment to drill for oil in the North Sea.
"When the protest ended, the only damage Shell could find was a padlock which, they alleged, our activists broke. That's it," Greenpeace U.K. said Tuesday. "Yet they came after us with a million-dollar lawsuit, which they justified for their spending on safety."
The group, which warned that the case had dire implications for the right to protest, credited a "sustained, year-long campaign against the suit" for forcing the oil behemoth to back down. The campaign, according to Greenpeace, "turned the legal move into a PR embarrassment for Shell."
"The case was dubbed the 'Cousin Greg' lawsuit by Forbes after a scene in the Emmy-awarded drama Succession, in which the hapless character threatens to sue Greenpeace to universal dismay," the environmental group noted Tuesday.
Greenpeace is currently facing several other SLAPP suits, including one brought by Energy Transfer, majority-owner of the Dakota Access pipeline. The group said Tuesday that the Energy Transfer suit "threatens the very existence of Greenpeace in the U.S."
"These aggressive legal tactics, the huge sums of money, and attempts to block the right to protest pose a massive threat. It could stop Greenpeace being able to make a real difference on the things that matter most," the organization said Tuesday. "It's part of a growing trend by powerful corporations and governments to crush peaceful protest—using draconian laws or intimidation lawsuits like this."
"It seeks to silence the people most impacted by the climate crisis. This threatens the global fight for climate justice," the group added. "We won't give up. This is Shell versus all of us."