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       #Post#: 1035--------------------------------------------------
       Eni and Equinor Are Fueling Oil and Gas Expansion, Not Clean
       Energy Transition
   DIR By: AGelbert
       Date: May 10, 2023, 8:46 pm
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  HTML https://earthtrack.net/sites/default/files/u10/oilchange%20logo.jpg
       [glow=green,2,300]OCI Team[/glow] May 10, 2023
       Contact: [glow=green,2,300]Valentina Stackl[/glow], Oil Change
       International Media Officer, valentina@priceofoil.org
       [center]Kicking off AGM Season, [glow=red,2,300]Eni and
       Equinor[/glow] Are Fueling [glow=maroon,2,300]Oil and Gas[/glow]
       Expansion, Not Clean Energy Transition
  HTML https://soberthinking.createaforum.com/gallery/soberthinking/1-110422162337.gif[/center]
       SNIPPET:
       Antonio Tricarico, Programs Director at
       [glow=green,2,300]ReCommon[/glow], said:
       “The decarbonisation of Eni's business remains a mirage and the
       sustainability-linked bond recently issued by the company is
       just smoke and mirrors. The Italian government, which still
       controls 30 percent of Eni, has chosen the confirmation for
       another three years of a CEO whose priority is to
       [glow=red,2,300]increase[/glow] oil and gas production until at
       least 2030 and push for fossil gas expansion for the next
       decades. Despite the highest record profits ever, the company
       will invest 80 per cent in[glow=red,2,300] new[/glow] oil and
       gas, selling the fairy tales of carbon capture and nuclear
       fusion that are unlikely to see reality.
       “Because of this, the government and the company have decided to
       [b]blatantly violate the goals of the Paris Agreement[/b]. It is
       time for investors who want to act against the climate crisis to
       make their voices heard before it is too late.”
       Full article:
  HTML https://soberthinking.createaforum.com/gallery/soberthinking/1-040422164718-540294.gif
  HTML https://priceofoil.org/2023/05/10/kicking-off-agm-season-eni-and-equinor-are-fueling-oil-and-gas-expansion-not-clean-energy-transition/
       The two briefings can be found [color=blue]here:
  HTML https://priceofoil.org/big-oil-reality-check-2023<br
       />
  HTML https://soberthinking.createaforum.com/gallery/soberthinking/1-040422164555-532108.png[/color].
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