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Exxon Chief Goes on the Offensive as Wall Street Sours on ESG - BNN Bloomberg

Retrieved on: 2024-03-17 17:03:48

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Exxon Chief Goes on the Offensive as Wall Street Sours on ESG - BNN Bloomberg. View article details on HISWAI: https://www.bnnbloomberg.ca/exxon-chief-goes-on-the-offensive-as-wall-street-sours-on-esg-1.2047962

Summary

The article discusses ExxonMobil's CEO Darren Woods' strategic positioning by investing in fossil fuels amidst pressure from climate activists and ESG-focused investors, highlighting the tension between energy security and the energy transition as global warming concerns persist. Key tags such as "Climate change denial," "Rockefeller family," and companies like "BP" and "Shell plc" indicate the broader context of Big Oil's role in energy development and the challenges of balancing profit with environmental responsibility.

Article found on: www.bnnbloomberg.ca

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