Thursday, March 2, 2023

Big Gas profiteering from Ukraine war

I know that things like this have been going on forever. But it's nonetheless vile and despicable, when unspeakably greedy and selfish people use death and destruction in ways like this to engorge their wealth and power.
Europe’s gas industry has ramped up its messaging since Russia invaded Ukraine, exploiting fears over energy security to justify projects that risk locking the continent into long-term dependence on fossil fuels, DeSmog can reveal.

Four big industry groups began to post many more tweets portraying investments in gas and related infrastructure as the key to secure energy supplies soon after the invasion started — and maintained this strategy throughout last year, an analysis of their social media accounts found.

The lobby groups were Gas Infrastructure Europe; Gas For Climate; Eurogas; and the European branch of the International Association of Oil & Gas Producers, which represent companies operating pipelines, gas storage, and infrastructure to import liquefied natural gas (LNG). Members include oil majors such as Shell, BP, TotalEnergies, Chevron, ExxonMobil, and Eni, which have posted record profits off the back of the energy crisis triggered by the invasion. - DeSmog

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