Big oil has become a target of choice for activists and governments alike, but in recent months, the executives of large oil companies are starting to fire back
But Wright didn’t stop there. Just this month, the chief executive of Liberty posted a video on LinkedIn challenging the climate crisis narrative. LinkedIn took the video down. Wright challenged the decision. LinkedIn first said the video violated its misinformation policies but a day later restored it. And the Wall Street Journalscientific consensus on climate change, Wright is still an exception. Yet Liberty’s bigger sector players are challenging the energy transition in other ways.
Industry insiders have noted, only half-jokingly, that if the federal government wants to tax the excess profits of Big Oil, then it should have provided financial support to the industry when it struggled during the worst of the Covid crisis. Or that it should have also taxed Big Tech, which made billions during the two pandemic years. Exxon went further, attacking the windfall tax the European Union recommended to all its members in court.
“The Greenpeace report follows a methodology that is dubious, to say the least,” TotalEnergies said at the time, adding that “the dissemination by Greenpeace of misleading information in this matter is serious.”
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