This article from Guardian talks about court cases and shareholder activism that may finally force oil companies to take climate change seriously. Even Exxon which, in my opinion, through its manipulation of the U.S. political system bears significant responsibility for the fact that we have a climate crisis in the first place, or at least for the fact that we have not made a significant attempt to deal with it.

A couple points. When we talk about an oil company “cutting emissions”, I don’t think we are talking about the emissions caused by people and businesses using the product. I think we are talking about emissions used in exploration, production, and transportation of the oil itself. Which is all good, but not the root of the fossil fuel emissions problem which is burning the stuff to liberate energy to do work. The fact that the amoral, possibly psychopathic financial industry is turning on the oil industry means they think we are going to be burning less of it going forward. An oil company that invests in “sustainable investments” other than oil is no longer an oil company. The electric utility industry and nuclear industries are completely different animals with existing players, so Exxon is not just going to take them over. So maybe Exxon will just evolve into some sort of venture capital fund looking for profitable investments for its dollars. And there are already plenty of other companies doing that for it to compete with, so I don’t see why Exxon would be particularly adept at it. If they don’t make it long term, good riddance. See you in hell, guys!