Senate Democrats unveil Big Oil report after 3-year investigation

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Senate Democrats unveil Big Oil report after 3-year investigation
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The report says lawmakers should hold the companies accountable for the findings of the report.

The joint 66-page report from the Senate Budget and House Oversight Committees claims some of the largest oil companies have internally acknowledged since the 1960s that fossil fuels cause climate change.

The industry has portrayed natural gas as a climate-friendly bridge fuel while "internally acknowledging that there is significant scientific evidence that the lifecycle emissions from gas are as bad as coal," the report says. The report also says the fossil fuel industry has relied on trade organizations like the American Petroleum Institute and the Chamber of Commerce to lobby against action on climate change.

It also claims that Exxon, Chevron, Shell and BP — along with API and the Chamber — obstructed the investigation.lawmakers should hold the companies accountable for the findings of the report, but it does not make any specific suggestions, such as criminal referrals to the Department of Justice.that revealed Exxon's internal research showed the industry's affects on climate change decades ago.

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