Many Australians are finding it outrageous that a major cycling event (Ditch Santos), held in a state which is a leader in renewable energy, is sponsored by fossil fuel giant Santos.
Many Australians are finding it outrageous that a major cycling event , held in a state which is a leader in renewable energy, is being sponsored by fossil fuel giant Santos. Santos CEO Kevin Gallagher on the other hand has responded by telling the media that people advocating for a faster transition to renewable energy are “dreaming.”states: “Gallagher defended Santos’ efforts to open up new gas fields by saying there is ‘no alternative’ to fossil fuels.
Fossil fuel companies like Santos “greenwash” their image and extend their social licence by sponsoring sports, just as tobacco companies used to do. A new term has been coined – “sportswashing.” “If we block their ability to sportswash their image and erode their social license to operate, then we will make it too risky for financial institutions, governments, organisations and communities to associate with them,”
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