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'Dispirited' oil companies contradict their own spin at COP21

Shell's head of climate change admits in private the opposite of what his company says in public – while Statoil appears to confess that natural gas is worse for the climate than coal.

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gas flare.jpg
gas flare.jpg

A gas flare: CC3.0, Varodrig

Sometimes the oil industry's PR machine doesn't work as well as it should. At their main event at the Paris climate summit on Friday, 'Low emissions pathways and the role of oil and gas', key representatives revealed a number of things they probably shouldn't have. The panel discussion they hosted, and conversations I had afterwards with speakers from Europe's biggest oil companies, were deeply telling.

Their share value depends on COP21 failing (but they can't say that in public)

A few months ago, in a much oft-referred to joint declaration, the heads of ten oil and gas companies, including BP and Shell, issued a statement about the Paris conference. It included this: