Roger Fjellstad Olsen's answer to With so many oil companies agreeing on AGW, carbon taxes and actions to reduce greenhouse gas emissions, have climate deniers outlived their usefulness for the oil industry?

With so many oil companies agreeing on AGW, carbon taxes and actions to reduce greenhouse gas emissions, have climate deniers outlived their usefulness for the oil industry?

Roger Fjellstad Olsen

A&R and Co-owner at Apollon Records AS (2014–present) · Author has 1.2K answers and 1.6M answer views · 6y ·

The oil companies have known about AGW since the 70s, at least:

More and more countries are preparing for the end of the Petroleum Age:

Worlds biggest oil companies all acknowledge AGW, carbon taxes and sees a future in renewable energies:

http://oilandgasclimateinitiativ...

GCI is a voluntary, CEO-led initiative which aims to lead the industry response to climate change. Launched in 2014, OGCI is currently made up of ten oil and gas companies that pool expert knowledge and collaborate on action to reduce greenhouse gas emissions.

“GCI was quick to identify “low-hanging fruit” opportunities to reduce the carbon footprint of energy consumed. Saving energy from being consumed has a privileged place on the low-carbon value chain. More efficient, low-carbon fuels and long-term carbon intensity reduction targets will see renewed interest in the years to come.”

SINOPEC (2nd largest in the world, from China) on AGW, carbon taxes and renewable energy:
Fighting Against Climate Change

Climate change is a major global issue for all humankind. As a responsible energy and petrochemical company, Sinopec regards it as its due responsibility to fight against climate change. We make efforts to shift the pattern of growth, optimize energy structure, develop and utilize low-carbon energy resources and promote energy saving and consumption reduction. We are speeding up study on commercial test of CO2 recovering, in order to reduce GHG emissions and better prepare to combat climate change.[...]

Chevron just agreed in court that humans cause climate change, setting a new legal precedent

CHEVRON’S LAWYER, SPEAKING FOR MAJOR OIL COMPANIES, SAYS CLIMATE CHANGE IS REAL

https://www.theverge.com/2018/3/22/17151532/climate-tutorial-san-francisco-oakland-lawsuits-judge-alsup-chevron-exxon