any more, thanks to the willful ignorance of the governor, Rotten Ron DeSantis, an immigrant who hates immigrants and would rather see his state destroyed than lift a finger to address the approaching climate calamity.
A spokesperson for Shell referred to a comment made by Chief Executive Officer Wael Sawan at the company’s annual general meeting on May 21, when he said shareholders “have strongly backed” its strategy. “Our focus on performance, discipline, and simplification enables us to invest in providing the energy the world needs today, and in helping to build the low carbon energy system of the future.
BP is also pulling back on any happy talk it might have engaged in previously. Last year, it said it would pump more oil and gas and have higher emissions this decade than previously planned. Meanwhile, Hurricane Beryl is churning through an overheated Caribbean sea, setting records for how, where, and when it formed. But nothing to see here, folks.
Sweden’s AP7 fund, which manages more than $100 billion, has exclusion policies targeting a range of oil producers, including Saudi Aramco and India’s Oil and Natural Gas Corp. It also blacklisted ExxonMobil. AkademikerPension, a Danish pensions investor, axed its last remaining oil and gas holdings in its $20 billion portfolio at the end of 2023 and is now in the process of offloading companies that provide equipment and services to fossil fuel producers.