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Exxon and Other US Oil Companies Lag in Responding to ‘Existential Threat’ of Energy Transition, Report Warns

  • DeSmogBlog faviconDeSmogBlog

    By Dana DrugmandOct 13, 2020, 6:51 pm1k ptsInterestingTop
    photo of Exxon and Other US Oil Companies Lag in Responding to ‘Existential Threat’ of Energy Transition, Report Warns imageRead time: 5 mins U.S. oil majors like Exxon and Chevron are failing to grapple with the energy sector’s transition away from polluting fossil fuels and refusing to disclose potential risks to their portfolios from assets that may become “stranded,” or uneconomical to develop, in a low-carbon world, new…
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