May 31, 2021
“ExxonMobil and Its Rivals Learn They Can’t Ignore Climate Activists”: Reasonable Investment Strategy, Misguided Zealotry, or Something Else? This May 27 article in Texas Monthly described an oil industry “smackdown of cinematic proportions”. Over a single one-day period: A judge ordered Shell to “respect human rights” by more than doubling (from 20% to 45%) its commitment to reduce energy emissions by 2030; Chevron’s shareholders pushed through a resolution to reduce customer emissions as well as…