How Big Oil Has Adapted To A New Energy Reality | OilPrice.com

Speaking of forcing, litigation—and the threat of litigation—has become a major motivator for oil and gas companies to"clean up their act". Shell was ordered to reduce its emission footprint by 45 percent by 2030. Other companies, seeing the writing on the wall, are embarking on a journey of emission reduction before courts begin to tell them to do it.

Exxon—the same Exxon that plans a carbon capture business that would bring in more money than oil and gas—has put Guyana Activists are unhappy with such developments. Yet these developments are as unavoidable as the outflow of investor money from so-called sustainable funds that only invest in low-carbon companies. The reason they are unavoidable is the simple truth stated earlier: the world needs oil and gas.

Source: News Formal (newsformal.com)

... sustainably. Or someone else will.

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