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Union of Concerned Scientists finds major fossil fuel companies fail to take climate accountability

Author: Kathy Mulvey, Jayne Piepenburg, Gretchen Goldman & Peter C. Frumhoff, Union of Concerned Scientists, Published on: 18 October 2016

"The Climate Accountability Scorecard: Ranking Major Fossil Companies on Climate Deception, Disclosure, and Action," Oct 2016

Major fossil fuel producers bear a particular responsibility for climate change…This comprehensive study includes eight leading fossil fuel companies…The analysis provides a detailed look at four main areas where these companies must take immediate action to prevent the worst effects of global climate change…The scorecard is intended to help accelerate the transition to a low-carbon future by equipping the media, investors, policy makers, and consumers…with tools to assess companies' current performance and urge specific, immediate action…All eight companies maintain membership…in trade associations and other industry groups that spread disinformation about climate science…[O]nly BP and Shell have publicly expressed support for the international climate agreement reached in Paris…2 out of 8 companies supportive of fair and effective climate policies…All of the companies studied can and should do better to fulfill existing climate risk disclosure requirements, and they should begin to prepare for enhanced disclosure regimes in the future…

[Also refers to Arch Coal, Chevron, ConocoPhillips, Consol Energy, ExxonMobil, and Peabody Energy.]

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Related companies: Arch Coal BP Chevron ConocoPhillips Consol Energy ExxonMobil Peabody Energy Shell