This podcast explores the relationship between art and big oil, discussing recent attacks on famous artworks by climate activists and the financial dependencies between art organizations and oil companies. It examines the impact on the climate crisis and highlights the gradual shift away from such sponsorships.
Art organizations receive funding from fossil fuel giants, leading to debates about the value of art versus addressing the global climate crisis.
The influence of oil money on museum funding is relatively low, but museums are reevaluating their associations and reducing reliance on oil money.
Deep dives
The Unholy Relationship Between Art and Big Oil
Climate activists have been targeting art pieces displayed behind protective glass in major museums to draw attention to the relationship between art organizations and big oil corporations. The activists argue that these corporations, responsible for significant greenhouse gas emissions, donate money to art organizations and in return, get to promote their public image through art exhibitions. The activists question whether art is worth more than addressing the global climate crisis and rising food prices. While some museums have historical ties and funding from oil companies, others have started cutting ties to avoid backlash.
The Influence of Oil Money on Museum Safety Measures
Oil money has played a role in enhancing safety measures in museums, like the Getty Museum in Los Angeles, which remains protected from fires and hazards through its fire-resistant infrastructure. However, the influence of oil money on museum funding is relatively low, accounting for only 1-2% of annual income for major museums. While severing direct ties with oil corporations may not be sufficient for activists, museums are starting to reassess their associations and reduce their reliance on oil money.
In today’s episode for 5th February 2024, we tell you if the world’s art museums can survive without sponsorship from fossil fuel giants.
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