homehome Home chatchat Notifications


Pepsi, DuPont, Google and others play both sides by funding climate change deniers, despite publically supporting climate action

Lame, lame, lame.

Tibi Puiu
September 7, 2016 @ 2:50 pm

share Share

snowball inhofe

No comment.

Last year, in anticipation of the COP21 UN climate change summit in Paris, President Obama convinced more than 150 companies to sign the “American Business Act on Climate Pledge,” which commits them to sustainable business practices and signaled that these businesses support the UN agreement to drastically cut down on greenhouse gasses. After Reuters reporters studied the donations made during the 2016 election cycle by the biggest publically traded companies from Obama’s Climate Pledge list, they found 25 out of 30 also funded the campaigns of lawmakers listed as ‘climate change deniers’, most of whom are Republican.

The most duplicitous companies considering their pledge were Pepsi and DuPont, whose political action committees offered about half or more of their top donation money to senators and congressmen on the Organizing For Action’s climate change denier list. Pepsi handed out $56,500 to climate deniers, while DuPon gave $40,000. The political action committees (PACs) of Google, AT&T, GE, Verizon, and Mondelez each directed at least a third of their funds to climate change deniers. Some call themselves climate change skeptics, but as we’ve previously reported the two aren’t interchangeable.

“The five companies reviewed by Reuters that did not fund opponents to Obama’s climate change agenda either had no political action committee, like Apple, or made only a small number of contributions, like Coca Cola,” Reuters wrote.

The list includes more than 130 members of Congress, the vast majority Republican, who actively seek to undermine Obama’s environmental policy. Some are more radical, like Senator Jim Inhofe of Oklahoma who last year threw a snowball on the Congress floor to prove that man-made climate change is a sham and famously said ‘only God can change the climate’. Others like Senator Chuck Grassley of Iowa are more moderate acknowledging climate change but, nevertheless, block climate mitigation measures because these hurt the competitiveness of American businesses.

reuters-graph

Credit: Reuters

Yet, both Grassley and Inhofe, along with scores of other climate change deniers with political power, have been funded by companies that ought to know better, at least judging from what they publically committed to.

It’s not uncommon, to use a euphemism, for companies to spread their funds across the whole political spectrum. This way, no matter who wins, businesses know at least they have an open door to lobby their interests. All of these corporations, however, might want to reconsider how they behave. In essence, what they’re doing is called “greenwashing” — deceptive PR used to create the impression that a company’s services, product or mission is environmentally friendly.

Many of the companies on this shame list gathered by Reuters have indeed made progress in improving their carbon footprint and sustainability. Pepsi has the largest fleet of electric delivery trucks and Google gets 3.5 times the computing power out of the same amount of energy in its data centers than five years ago. But besides being lame and deceptive, playing both sides might hurt their business as the public becomes more and more environmentally conscious. Jon Lukomnik, head of the Investor Responsibility Research Center Institute says this inconsistency between a company’s environmental position and its political financial is in need of better oversight.

“No company should want to be perceived as espousing progressive climate policies on the one hand, while funding climate deniers on the other,” Lauren Compere, managing director at sustainable investment manager Boston Common Asset Management told Reuters.

 

 

 

share Share

Archaeologists May Have Found Odysseus’ Sanctuary on Ithaca

A new discovery ties myth to place, revealing centuries of cult worship and civic ritual.

The World’s Largest Sand Battery Just Went Online in Finland. It could change renewable energy

This sand battery system can store 1,000 megawatt-hours of heat for weeks at a time.

A Hidden Staircase in a French Church Just Led Archaeologists Into the Middle Ages

They pulled up a church floor and found a staircase that led to 1500 years of history.

The World’s Largest Camera Is About to Change Astronomy Forever

A new telescope camera promises a 10-year, 3.2-billion-pixel journey through the southern sky.

AI 'Reanimated' a Murder Victim Back to Life to Speak in Court (And Raises Ethical Quandaries)

AI avatars of dead people are teaching courses and testifying in court. Even with the best of intentions, the emerging practice of AI ‘reanimations’ is an ethical quagmire.

This Rare Viking Burial of a Woman and Her Dog Shows That Grief and Love Haven’t Changed in a Thousand Years

The power of loyalty, in this life and the next.

This EV Battery Charges in 18 Seconds and It’s Already Street Legal

RML’s VarEVolt battery is blazing a trail for ultra-fast EV charging and hypercar performance.

DARPA Just Beamed Power Over 5 Miles Using Lasers and Used It To Make Popcorn

A record-breaking laser beam could redefine how we send power to the world's hardest places.

Why Do Some Birds Sing More at Dawn? It's More About Social Behavior Than The Environment

Study suggests birdsong patterns are driven more by social needs than acoustics.

Nonproducing Oil Wells May Be Emitting 7 Times More Methane Than We Thought

A study measured methane flow from more than 450 nonproducing wells across Canada, but thousands more remain unevaluated.