Pope Francis made his strongest statements yet about climate change Wednesday, rebuking fossil fuel companies and urging countries to make an immediate transition to renewable energy.
In a new document titled “Laudate Deum,” or “Praise God,” the pope criticizes oil and gas companies for greenwashing new fossil fuel projects and calls for more ambitious efforts in the West to tackle the climate crisis. In the landmark apostolic exhortation, a form of papal writing, Francis says that “avoiding an increase of a tenth of a degree in the global temperature would already suffice to alleviate some suffering for many people.”
“Laudate Deum” is a follow-up to the pope’s 2015 encyclical on climate change, known as “Laudato Si’,” which lamented the exploitation of the planet and cast the protection of the environment as a moral imperative. When it was released, “Laudato Si’” was viewed as an extraordinary move by the head of the Catholic Church to address global warming and its consequences.
Nearly a decade later, the pope’s message has taken on new urgency.
Yeah, this is the truth that people are too emotional to accept. I do air permitting and also spend every day calculating the "maximum allowable pollution" a site can produce while keeping it within applicable regulatory limits. Even if the CEO was like "alright, time to go green!" and devotes 100% of the profits to operating "green", they'll just get sued by the shareholders and be bankrupt or go to jail. Even if there are no shareholders, their operating costs will skyrocket and they'll be put out of business by the company next door, or even just Saud Arabia.
Passing government regulation is the only way. But we are also operating in a global economy, so you might just end up destroying your entire oil business in the process, sending all of that marketshare to places with even -worse- environmental regulation. Which just comes back to us anyways in the grand scheme of things.
Good points, it is certainly a fine line between controlling pollution and hampering a domestic industry which would otherwise be replaced by equally bad overseas industry. As bad as the pollution seemed, the wells were very clean compared to how things used to be done in the US not that long ago, and how I assume things are still done in many parts of the world.
I have a hard time blaming the oil company in isolation, they are just doing what they must do for shareholders, as you said. As long as there is demand for oil, there will be someone there to supply it. I mostly blame the government for not doing more to expedite the development of more economical green solutions.
BUT! Although the company I worked for was not one of the majors who hid climate change, they do have a substantial superPAC to influence politics and elections. The billionaire owner regularly flew to Washington to meet with people, even the president.
And when the state government wanted to increase taxes on oil to help the state pay for public services, the oil company printed lots of protest signs and bussed employees who volunteered to go to the state capital and protest. These types of interference in the government hinder progress and keep the oil companies in control. The gov needs to stop this behavior but I think it's a feedback loop of corruption.