re: What’s going on with Exxon?

Institutions own something like 70% of @XOM stock.

Blackrock has been pushing the new world order BS pretty hard these days.

let me just say this as the money board’s resident treehugger.
if the mega corporations and billionaire investors don’t embrace protecting the resources remaining on this planet then the piddling efforts by individuals are and will be a complete waste of time, and it won’t happen.

we should all be able to agree that as of the foreseeable future there is only one place in the entire universe where we know we can live. If we do not change the mindset from exploitation to conservation we will eventually pay the ultimate price. Companies like Exxon can change the world for the better with a little courage and a lot of smart people

Honestly, the largest corporations attract some of the smartest engineers and scientists. If there will be solutions developed to solve the most challenging problems, then corporations will have to be part of that effort. Additionally, they marshall huge market power, spurring innovation in suppliers and service providers. So by adopting strategies and policies toward more renewables, they will drive more innovation if not in their own shop, then in their partners.

Shouldn’t those engineers be focused on reducing the impact of oil production and oil products where they have vast knowledge? I just don’t see the rationale for getting western companies out of extraction while the Middle East is expanding market share. Do people reallly think we’re going to be consuming considerably less oil and gas in the next 20 years? No reasonable forecast shows that. So we either have smart companies like Exxon with western values improving the process or leaving the market to non western players who are decades behind in the environmental programs.

They are being forced down the same path as Shell and BP.
It’s way too soon for these kind of green energy dreams and will hurt shareholders.

not at all
I’m too old for nonsense like that

from a supernova to the fungus growing on a tree stump, the entire universe depends on the recycling of energy and matter. If you want to argue that humans are somehow immune to that I’m all ears.

what amuses me is that the sources of renewable energy are cheaper than the extraction of fossil fuels in almost all instances. We just need to put our brain power to the task of making the delivery of those energy sources more efficient. Dream big

that’s the problem that has to be solved.
nuclear has to be a part of it but not the way we do it now (fission).

the answer is out there and only requires effort and determination to succeed. My point about the natural world is that the desired and optimal end result is already there for us to observe. We just need to figure out how to make that happen

Why not the current nuclear platform?

Why not oil if we can recapture the carbon which XOM is touting they now have the technology to do?

We are 30 yrs at best away from decreasing current oil utilization unless half the world decides to off themselves for the greater good or technology rapidly advances.

I have plenty of concerns with solar being the future. The heat we are removing from the earth necessary to provide our power cant be inconsequential