The reason BMW etc publish high permitted oil consumption figures is to prevent warranty claims in instances where bore glazing has occurred. Such high consumption is a consequence of engine damage that they do not want to compensate the owner for.
That said, some very high performance 4T engines do consume oil (MB with its McLaren SLR advise that the oil level be checked at every refuel and I've known bikers carry oil for topping up with on every run).
It is something of a travesty though that the 2T is lambasted for its oil consumption and disposal of 4T oil is completely overlooked. (Incidentally, when my smart was consuming oil at 2T levels, no trace of blue smoke was ever emitted. The cat presumably cleaned it up). What proportion of used 4T oil is recycled?
When we get into the absolute environmental impacts of powerplants we must consider the considerable additional energy devoted to the manufacturing of the massively more complex 4T engines. And their heavier transmissions and the resultant increased weight of the final vehicle into which they are installed. All of which impacts on fuel economy irrespective of the fuel efficiency of the actual installed engine.