{"id":11893,"date":"2019-03-14t15:01:19","date_gmt":"2019-03-14t15:01:19","guid":{"rendered":"http:\/\/dpetrov.2create.studio\/planet\/wordpress\/fossil-fuel-industry-begins-moving-on-climate-change\/"},"modified":"2023-03-07t19:39:33","modified_gmt":"2023-03-07t19:39:33","slug":"fossil-fuel-climate-change","status":"publish","type":"post","link":"\/\/www.getitdoneaz.com\/story\/fossil-fuel-climate-change\/","title":{"rendered":"fossil fuel industry begins moving on climate change"},"content":{"rendered":"\n

by dan rosenzweig-ziff<\/strong><\/p>\n\n\n\n

washington \u2014 americans are increasingly concerned that climate change is both real and manmade, and major fossil fuel industries are heeding the change in public sentiment by investing in green energy.<\/p>\n\n\n\n

in 2019 alone, bp and glencore agreed to investor demands to set business policy to limit greenhouse gas emissions in accordance with the 2016 paris accords and disclose the results to their stakeholders.<\/p>\n\n\n\n

according to yale\u2019s climate change communication december survey, 73% of americans think global warming is happening, while 62% think it is caused by humans. this concern stems from an increase in intensity and frequency of natural disasters as well as increased discussion among politicians, especially president donald trump, according to yale research affiliate john kotcher.<\/p>\n\n\n\n

\u201cover the last five years, we\u2019ve seen a pretty substantial upward trend about people\u2019s concern with climate change,\u201d kotcher said.<\/p>\n\n\n\n

trump pulled out of the paris climate accord and eliminated many obama-era environmental policies and regulations, even as his administration released the 2018 national climate assessment, a 13-agency report calling for swift action on human-induced climate change. he plans to appoint a new climate change commission headed by william happer, a climate change denier who argues that more carbon dioxide emissions are positive for the earth.<\/p>\n\n\n\n

meanwhile, progressive democrats decided it was time to harness the public concern and proposed the green new deal, a sweeping resolution to reduce carbon emissions by 2030.<\/p>\n\n\n\n

and some of the leading companies in the energy industry, except for coal, also heeded the public concern by changing their practices.<\/p>\n\n\n\n

following the 2015 paris agreement, oil, natural gas and coal industry investors urged companies to reform their practices. in late 2017, industry investors created the climate action 100+ as an initiative to ensure the largest greenhouse gas emitters act on climate change, according to its website.<\/p>\n\n\n\n

with over 300 investors totaling $33 trillion in assets, the group has persuaded over 100 companies to set policies that comply with the paris agreement.<\/p>\n\n\n\n

in february, british petroleum announced that it would heed its investors\u2019 calls for wider reporting on its climate change initiatives and join the initiative. \u201cbp is committed to helping solve the dual challenge of providing more energy with fewer emissions,\u201d said bp chairman helge lund in a statement.<\/p>\n\n\n\n