‘Every year, the world’s five largest publicly owned oil and gas companies spend approximately $200 million on lobbying designed to control, delay or block binding climate-motivated policy. This has caused problems for governments seeking to implement policies in the wake of the Paris Agreement which are vital in meeting climate change targets. Companies are generally reluctant to disclose such lobbying expenditure and late last week, a report from InfluenceMap used a methodology focusing on the best available records along with intensive research of corporate messaging to gauge their level of influence on initiatives to halt climate change. ‘
Source:Â Oil And Gas Giants Spend Millions Lobbying To Block Climate Change Policies | Forbes