Exxon and Other US Oil Companies Lag in Responding to ‘Existential Threat’ of Energy Transition, Report Warns
DeSmogBlog
OCTOBER 13, 2020
oil majors like Exxon and Chevron are failing to grapple with the energy sector’s transition away from polluting fossil fuels and refusing to disclose potential risks to their portfolios from assets that may become “stranded,” or uneconomical to develop, in a low-carbon world, new research from the London-based think tank Carbon Tracker shows.
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