Democratic lawmakers accuse big oil companies of 'greenwashing'

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Democratic lawmakers accuse big oil companies of 'greenwashing'
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Democratic lawmakers accuse oil companies of 'greenwashing'

per million British thermal units . That's compared with 200 pounds for coal and 160 pounds for fuel oil.process and methane is a greenhouse gas, too. It's a different greenhouse gas than carbon dioxide, but still contributes to global warming.The oil companies targeted in this investigation categorically deny the allegations made by the House Committee.

"Our CEO has testified under oath on this subject during two all-day Congressional hearings before two separate committees, we've been in regular communication with the committee for over a year, and have provided staff with more than one million pages of documents, including board materials and internal communications," Todd Spitler, corporate media relations senior advisor for Exxon, told CNBC.

"Our industry is focused on continuing to produce affordable, reliable energy while tackling the climate challenge, and any allegations to the contrary are false. The U.S. natural gas and oil industry has contributed to the significant progress the U.S. has made in reducing America's CO2 emissions to near generational lows with the," Megan Bloomgren, senior vice president of the American Petroleum Institute, told CNBC.

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