So that's where the subsidies go!
ExxonMobil, Royal Dutch/Shell, and three oil-industry groups together spend $115 million a year on advocacy designed to “obstruct” climate change policy, according to new estimates released by Influence Map, a British nonprofit research organization.
The sheer fuzziness of corporate influence prompted the project. Nations hold companies to different standards—or none at all—for disclosures of how they are trying to influence public policy and what it costs.
To come up with its numbers, Influence Map first had to define what "influence" actually means. The researchers adopted a framework spelled out in a 2013 UN report written to help companies align their climate change policies with their lobbying and communications strategies. It's a broad approach to understanding influence that includes not only direct lobbying, but also advertising, marketing, public relations, political contributions, regulatory contacts, and trade associations.
Trying to Put a Price on Big Oil's 'Climate Obstruction' Efforts - Bloomberg
ExxonMobil, Royal Dutch/Shell, and three oil-industry groups together spend $115 million a year on advocacy designed to “obstruct” climate change policy, according to new estimates released by Influence Map, a British nonprofit research organization.
The sheer fuzziness of corporate influence prompted the project. Nations hold companies to different standards—or none at all—for disclosures of how they are trying to influence public policy and what it costs.
To come up with its numbers, Influence Map first had to define what "influence" actually means. The researchers adopted a framework spelled out in a 2013 UN report written to help companies align their climate change policies with their lobbying and communications strategies. It's a broad approach to understanding influence that includes not only direct lobbying, but also advertising, marketing, public relations, political contributions, regulatory contacts, and trade associations.
Trying to Put a Price on Big Oil's 'Climate Obstruction' Efforts - Bloomberg