UN Secretary-Common António Guterres advised the World Financial Discussion board Wednesday that “Massive Oil” corporations needs to be focused the way in which tobacco corporations have been.
U.N. Secretary-Common António Guterres in contrast the oil business to the tobacco business, accusing them of mendacity to cowl up dangerous results of their merchandise.
Guterres made the feedback on the World Financial Discussion board on Wednesday, accusing the fossil fuels business of deliberately ignoring the damaging environmental results of their product.
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“We realized final week that sure fossil gasoline producers have been absolutely conscious within the Seventies that their core product was baking our planet,” Guterres mentioned on the meeting. “And similar to the tobacco business, they rode roughshod over their very own science.”
ExxonMobil headquarters in Irving, Texas (istock / iStock)
Guterres gave the speech on the WEF’s Davos summit to an viewers of enterprise leaders and politicians. Oil firm executives have been current for the remarks.
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“Some in Massive Oil peddled the massive lie. And just like the tobacco business, these accountable have to be held to account,” he added.

Secretary-Common Antonio Guterres addresses reporters throughout a information convention on June 8, 2022, at U.N. headquarters. (AP Photograph/Mary Altaffer, File / AP Newsroom)
“As we speak, fossil gasoline producers and their enablers are nonetheless racing to broaden manufacturing, realizing full nicely that this enterprise mannequin is inconsistent with human survival,” Guterres mentioned. “Now, this madness belongs in science-fiction, but we all know the ecosystem meltdown is chilly, onerous scientific reality.”
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Guterres referenced in his tackle just lately uncovered Exxon paperwork exhibiting that the corporate’s inside analysis workforce was conscious of fossil fuels’ results on the local weather.
The paperwork recommend that Exxon knew its merchandise may hurt the surroundings as early because the Seventies and sought to cowl up this reality in public discourse. The corporate has denied the allegations in an announcement to the BBC.
“This subject has come up a number of occasions in recent times and, in every case, our reply is identical: those that speak about how ‘Exxon Knew’ are fallacious of their conclusions,” Exxon mentioned.