British Petroleum (BP)

DC Sues Fossil Fuel Giants for Decades of Spending Millions to ‘Mislead Consumers and Discredit Climate Science in Pursuit of Profits’

District of Columbia Attorney General Karl A. Racine on Thursday sued fossil fuel giants BP, Chevron, ExxonMobil, and Royal Dutch Shell for “systematically and intentionally” misleading D.C. consumers about the role their products play in causing the climate crisis—following in the footsteps of other communities and states across the country, including Minnesota on Wednesday. “For …

DC Sues Fossil Fuel Giants for Decades of Spending Millions to ‘Mislead Consumers and Discredit Climate Science in Pursuit of Profits’ Read More »

Experts Say $17.5 Billion Writedown by BP Prove Oil Giant Knows ‘Reserves of Oil and Gas Increasingly Worthless’

Fossil fuel giant BP announced Monday it will write down nearly $18 billion in existing assets, a move that climate advocates say is more evidence that the industry is undergoing a massive shift that will leave oil and gas reserves less and less valuable as the world pivots to more planet-friendly and financially-viable sources of …

Experts Say $17.5 Billion Writedown by BP Prove Oil Giant Knows ‘Reserves of Oil and Gas Increasingly Worthless’ Read More »