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

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nice agenda piece. Fakenews

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

good EmaorShopping us

EarthDay WednesdayWisdom! 🤔 SocialMedia Education Politics Technology PRess Banking Economy Entertainment Business StartUps ColonialIdentity FridaysForFuture EndPoverty ClimateAction ClimateJustice ClimateFinance GlobalGoals 4IR SDGs

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

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

--Wordpress full website:- -- Wordpress Optimize:-- --PSD to HTML-- --Wordpress customization:- --landing page--

$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.

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:

 /  🏆 4. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

A Champion Investment Bank Is the Wrong Solution for EuropeHeard on the Street: Even if Deutsche Bank and Commerzbank merge, they will still struggle with Europe’s flawed capital markets
Source: WSJ - 🏆 98. / 63 Read more »