Europe's oil giants are getting the climate message. US companies not so much

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Europe's oil giants are getting the climate message. US companies not so much.

The Norwegian state producer joins major oil companies Total, Royal Dutch Shell and BP, as well as coal mining and commodities giant Glencore, in taking steps to make their businesses more green. While none of the companies have immediate plans to slash their production of fossil fuels, they have taken steps to increase transparency over emissions and invest in clean energy.The flurry of activity suggests that pressure applied by investors is having an effect in Europe.

ExxonMobil blocked a shareholder vote this month that would have urged the oil company to adopt greenhouse gas emissions targets for its business and products that align with the Paris agreement.Chevron tried to scrap a similar shareholder vote, but was prevented from doing so by the Securities and Exchange Commission. It has agreed to burn less excess gas, but has not answered calls to address its carbon footprint.

 

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Nice agenda piece. Fakenews

follow WashAbstract to see what Congress is doing about climate change, no bias, just facts!

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Wow.... not surprised at all. The US values profit over life.

Good to see Europe leading and leaving Trump's neanderthals behind.

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$4 a gallon makes me not care very much about “the message” being sent. California and the Fed govts. are already sending too many message to oil companies in our state.

Conclusion: climate changes only in Europe. 😉

good evening us the best thing that's ever happened to me goodbye

You people must thanking CIA. But what is worse than their accounts and presentations are their viewpoints, dogmas and efficiencies. :(

Neither do you....but keep on banning straws....

We have the cleanest environment on the planet

Probably because trump and his cronies only care about profit

So basically, the US oil companies aren't as financially invested in clean energy as much Europe's are, and somehow, that's the oil companies fault? Who cares? They can invest in whatever they want. It's their money.

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