Just how much greenwashing is there in the energy industry?
<p>The CEO of an Australian firm specializing in cleaner fossil fuel production talks about how and why widespread greenwashing among energy firms is hurting the industry and the environment.</p>
[Editor's note: In this quick video, Linc Energy CEO Peter Bond -- ranked as the 10th wealthiest person in Australia -- discusses his view on how much "greenwashing" affects the energy industry.]
As many companies work to green their businesses, greenwashing -- the practice of deceptively marketing a company's products or policies as environmentally friendly -- runs rampant. And it's taking its toll on the energy industry. Here's how:
Oil refinery photo via Shutterstock.