Top corporate sponsors of the climate talks in Paris have long histories of destroying the environment and interfering in environmental policymaking that are at odds with the green image they’re seeking to project by being part of COP21.
Global banking giant BNP Paribas, French utility Électricité de France (EDF) and fossil fuel conglomerates Engie (formerly GDF Suez) and Suez Environnement, all official COP21 sponsors, are the focus of a new report from Corporate Accountability International that details the companies’ environmental abuses and aggressive lobbying efforts to undermine environmental and climate policy.
All four either directly own or have investments in some of the most emissions-intensive energy projects in the world, from oil sands in Canada to fracking in the UK and coal-fired power in India — conflicts of interest that make it impossible for them to contribute meaningfully to any sound climate policy, the report’s authors argue.
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