Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

Dear Common Dreams Readers:
Corporations and billionaires have their own media. Shouldn't we? When you “follow the money” that funds our independent journalism, it all leads back to this: people like you. Our supporters are what allows us to produce journalism in the public interest that is beholden only to people, our planet, and the common good. Please support our Mid-Year Campaign so that we always have a newsroom for the people that is funded by the people. Thank you for your support. --Jon Queally, managing editor

Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Without your help, we won’t survive.

exxonknew

Beginning in the 1990s, oil companies spent millions upon millions of dollars on public relations campaigns to confuse the press, the public, and policymakers about the dangers posed by burning fossil fuels. (Photo: Flickr/cc)

Beware: Big Oil Lies About the Climate

Fires, floods, killer heat-waves, droughts, and hurricanes are ravaging homes and families throughout the world. Some fear that this might be the new normal; however, the truth is that this is just the start of something much worse.

Jane Vosburg

The Current Situation

Shockingly, today’s climate crisis is driven by a mere increase of 1˚C in global temperature, primarily caused by the burning of fossil fuels. Unless we take urgent action, the temperature could increase by four times that level within the lifetimes of our children, leaving them to face an apocalyptic future.

In the US alone, the recent floods on the East Coast, the intensified hurricanes in the South and the raging fires and desperate drought in the West, tragic as they are, are mere wavelets compared to the tsunami of climate disasters racing towards us.

We are at the crossroad. Instead of being duped once again by Big Oil, we must end fossil fuel subsidies, and insist that our financial institutions, including our pension funds, stop investing our hard-earned money in the industry that must die if we are to survive.

Across the globe, nations are also currently suffering climate-induced famine, and Scientific American has predicted that the future harvest of corn in the US could be reduced by almost 50%, bringing untold misery and death to millions, and driving mass food-migrations. 

To date, because world leaders procrastinated in acting upon their 2015 Paris Climate Agreement, global emissions of CO2 have continued to rise steadily. (see illustration A) Lawmakers will now have to move to a renewable energy economy far more swiftly and urgently. (see Illustration B). 

Consequently, the 2020 UN Emissions Gap Report states that world leaders will now have to reduce CO2 emissions by 56% by 2030,

The needed actions are drastic, but, the good news is, they are do-able.

But how did we get here in the first place? 

In a nutshell, fossil fuel companies lied to us.

Over 50 years ago climate scientists warned about global warming. And, back in the 1980s, Exxon’s internal studies predicted the horrendous disasters that the continued burning of fossil fuels would inflict on people throughout the world.

Rather than come clean, the fossil fuel industry, aided by their accomplices in Congress, conspired to keep us in the dark.

Major oil companies funded a very successful campaign  that cast doubt on the very existence of global warming. Later, when that was no longer sustainable, they spent vast sums persuading us that global warming was not caused by human activity. They lobbied members of Congress to do their bidding and, in 1989, even the White House admitted censoring a report by climate scientist James Hansen, who warned of the impending crises caused by a heated planet.

The Solution

The good news is that transitioning to a clean economy and rapidly reducing carbon emissions is possible right now; we have the technology to do so.

For example, Professor Mark Jacobson of Stanford University demonstrates how 133 countries and all the states in the US can be powered by renewable energy--water, wind and solar. Just click on your country or state to see how your region would benefit from zero CO2 emissions, long-term job creation, a reduction in energy demand and significant savings in healthcare costs. 

And as financial institutions become more aware of the dangers of a doomed industry and the fiscal merits of investing in renewables, the transition will gain speed exponentially. 

What is there not to love? Why are global leaders not popping corks in celebration of a plan to create a world with a stable climate, clean air, clean water and healthy children? 

Fossil fuel companies are fighting for their survival

Feeling heat from the divestment movement and seeing the industry’s obsolescence in the very near future, the fossil fuel industry is scared.  At the time of this writing, institutions have committed to divest $14.61 trillion from fossil fuel companies. Consequently, In 2018, at their annual Oil and Money conference, a question the fossil fuel CEO’s discussed was: “What more does the industry need to do on the PR front to combat the growing fossil fuel divestment movement?”

The answer is apparent. Fossil fuel companies decided to promote themselves as part of the climate solution; they came out in support of the Paris Climate Accord’s sadly misleading goal of Net Zero Emissions by 2050. More recently they have cunningly added a social justice twist to their campaign. Since when has Big Oil cared about social justice? 

Net Zero allows Big Oil to continue burning their fuels for as long as they can. Climate scientist Robert Watson, of the University of East Anglia warned:

The time has come to voice our fears and be honest with wider society. Current net zero policies will not keep warming to within 1.5°C because they were never intended to. They were and still are driven by a need to protect business as usual, not the climate.

And Exxon’s recent claim that it will be able to capture millions of tons of carbon by 2040 is a farce.  Carbon Capture and Storage (CCS) is unproven and totally inadequate. While fossil fuels emit over 30 billion tons of carbon each year, Exxon is proud to boast that ten years after we need to reduce carbon emissions by 56%, they will have captured a total of 0.3%.

Again, Professor Watson says:

Relying on untested carbon dioxide removal mechanisms to achieve the Paris targets when we have the technologies to transition away from fossil fuels today is plain wrong and foolhardy. Why are we willing to gamble the lives and livelihoods of millions of people, the beautiful life all around us, and the futures of our children?

Conclusion

We are at the crossroad. Instead of being duped once again by Big Oil, we must end fossil fuel subsidies, and insist that our financial institutions, including our pension funds, stop investing our hard-earned money in the industry that must die if we are to survive. Finally, we need to vote for politicians who support the urgent transition to a green economy.

Illustration A

Illustration B


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
jane

Jane Vosburg

Jane Vosburg is a retired teacher and Co-founder of Fossil Free California.

Just a few days left in our crucial Mid-Year Campaign and we might not make it without your help.
Who funds our independent journalism? Readers like you who believe in our mission: To inform. To inspire. To ignite change for the common good. No corporate advertisers. No billionaire founder. Our non-partisan, nonprofit media model has only one source of revenue: The people who read and value this work and our mission. That's it.
And the model is simple: If everyone just gives whatever amount they can afford and think is reasonable—$3, $9, $29, or more—we can continue. If not enough do, we go dark.

All the small gifts add up to something otherwise impossible. Please join us today. Donate to Common Dreams. This is crunch time. We need you now.

Mark Meadows 'Did Seek That Pardon, Yes Ma'am,' Hutchinson Testifies

The former aide confirmed that attorney Rudy Giuliani also sought a presidential pardon related to the January 6 attack.

Jessica Corbett ·


UN Chief Warns of 'Ocean Emergency' as Leaders Confront Biodiversity Loss, Pollution

"We must turn the tide," said Secretary-General António Guterres. "A healthy and productive ocean is vital to our shared future."

Julia Conley ·


'I Don't F—ing Care That They Have Weapons': Trump Wanted Security to Let Armed Supporters March on Capitol

"They're not here to hurt me," Trump said on the day of the January 6 insurrection, testified a former aide to ex-White House Chief of Staff Mark Meadows.

Jake Johnson ·


Facebook Removing Posts About Mailing Abortion Pills—But Not Guns

"Corporations are not your allies in the advancement of civil rights," said one observer.

Kenny Stancil ·


'Morally Bankrupt' G7 Slammed for 'Caving' to Fossil Fuel Lobby on Climate

"People in poverty around the world will pay the highest price for this backtrack by some of the wealthiest countries," one activist warned of the group's new statement on gas investments.

Jessica Corbett ·

Common Dreams Logo