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Photo: Smith Collection/Gado/Getty Images

Environmental groups have filed a complaint with the Federal Trade Commission alleging Chevron's ads mislead consumers by painting an inaccurate picture of the oil giant's clean energy activities.

Why it matters: The groups — Greenpeace, Earthworks and Global Witness — say it's the first such climate complaint filed against an oil company under the FTC's "Green Guides."

Driving the news: The filing alleges Chevron's ad and marketing suggest its clean energy efforts are a significant proportion of its overall business.

  • Yet fossil fuels remain the dominant business lines for Chevron and other oil majors despite growing investments in areas like renewables, EV charging and carbon capture.
  • Julieta Biegner of Global Witness said Chevron is wooing consumers who care about the climate and racial justice while "doubling down on climate-wrecking fossil fuels that pollute our communities."
  • It asks the FTC to force Chevron to remove disputed ads and circulate "corrective" statements.

The other side: Chevron called the allegations "frivolous" and said, "we engage in honest conversations about the energy transition."

"We believe the future of energy is lower carbon and are working to help the world achieve that goal," Chevron said.

What we're watching: The outcome of this case — and other potential FTC filings.

  • Dan Jaffe of the Association of National Advertisers said similar complaints about corporate climate ads could be in the offing.
  • That's because of the high priority the Biden administration has placed on the topic and "all the issues that may flow from that and any advertising that may impact that," he said.

Go deeper: Chevron ‘Greenwashing’ Targeted in Complaint Filed With FTC (Bloomberg)

Go deeper

29 mins ago - World

Two years of COVID-19

Expand chart
Data: Our World in Data; Chart: Axios Visuals

Two years ago Wednesday, the first case of a mysterious new respiratory disease was discovered in Wuhan, China. Now, the Omicron variant has deepened concerns about just how much longer the coronavirus pandemic will last.

The big picture: More than 5 million people have died since that first case. Most people on earth have lived through some form of lockdown. 54% of the global population has had at least one vaccination, though the shots have been distributed unevenly.

Updated 13 hours ago - Politics & Policy

U.S. sounds alarm on Ukraine

Conscripts line up at a Russian railway station yesterday before departing for Army service. Photo: Sergei Malgavko/TASS via Getty Images

The Biden administration is "deeply concerned" by new intelligence — detailed for Axios and other outlets — showing Russia stepping up preparations to invade Ukraine as soon as early 2022.

Why it matters: Most of this was known from public sources and satellite imagery, but the administration is sending a stronger signal by releasing specific details from the intelligence community.

14 hours ago - Economy & Business

CNN fires Chris Cuomo

Photo: Kevin Mazur/Getty Images for CNN

CNN said Saturday evening it has fired one of its star anchors, Chris Cuomo, following new revelations from a legal review made by the company into Cuomo's involvement in the management of his brother's sexual harassment scandal.

Why it matters: Saturday's firing speaks to how much pressure CNN was under by employees and critics to address Cuomo's behavior.