Using data collected from 2009–2020, the researchers found that the companies often talked about shifting to clean energy without making dramatic changes.
February 17, 2022An aerial image shows storage tanks at the Chevron Products Company El Segundo Refinery adjacent to a neighborhood of homes at sunset in Manhattan Beach, Calif., on Jan. 24.
“Until actions and investment behavior are brought into alignment with discourse, accusations of greenwashing appear well-founded,” they added. The researchers said they found no evidence that the companies were investing in clean energy at a scale that would allow them to shift away from fossil fuels.
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