Earth Day: A message for the fossil fuel industry in Texas

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

Science is clear that we can’t burn all the known reserves and maintain a livable climate. For the sake of freedom, prosperity, national and global security,...

An array of pumpjacks operating near the site of an oil and gas well in Midland, Texas, is seen in this April 2022 file photo. We need the fossil fuel industry to join us in making the right choice to preserve a livable climate and civilization, writes David Fenton.I am a climate activist. I know and have worked with some of the world’s top climate scientists.

We can do this again, and we truly need a brisk World War II-style mobilization to decarbonize the economy. I know you are caught in a bad system. For example, the equity valuations of the oil and gas companies are significantly linked not only to the size of your fuel reserves but the rate at which they are replenished. Under this system, you feel forced to drill to the ends of the Earth to keep your stock price up and keep your jobs. A few Wall Street analysts maintain this absurd, economically suicidal method of valuation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earth Day Every Day: Meet The Company Adding Bed Linens To The Circular EconomyI am a communications coach with vast experience working with female leaders across many businesses: finance, insurance, startups and entrepreneurs, fintech, health care, technology, retail, and media; my background as a broadcaster on NBC for 27 years gives me special insights in dealing with today’s virtual world; and helps leaders use video to...
Source: ForbesWomen - 🏆 477. / 51 Read more »