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Oil industry has sought to block state backing for green tech since 1960s
Research shows industry lobbying against support for solar panels and electric cars while enjoying subsidies itself
The same incumbents were happy to lobby for government support when they were getting started, and had continued to benefit from it since, said Dario Kenner, a visiting research fellow at the University of Sussex who trawled through decades of public statements from the American Petroleum Institute (API) and FuelsEurope. Kenner documented dozens of examples of the oil industry pressuring governments to hold back support for renewable energy, restrict funding for the development of clean technologies and weaken environmental rules that favoured their uptake. Christina Figueres, a Costa Rican diplomat and architect of the agreement, told the Guardian before the Cop28 climate summit in November that she used to believe the industry needed a seat at the table but had lost hope after seeing it use windfall profits since the war in Ukraine to enrich shareholders – instead of reinvesting them in clean energy.
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