The News Of Tomorrow, Today
The News Of Tomorrow, Today
Big Oil
Brian Kahn
“Social licence to operate” is one of the life-bloods of brands. Reportedly coined by Canadian mining CEO James Cooney in 1997 after a disaster, the concept is basically how much the public is willing to embrace (or at least put up with) how an industry operates.
Earlier this year, Exxon promised to slash its methane emissions and reduce its gas burning, but it seems it had some other plans in the works, too. New internal documents reviewed by Bloomberg show that the energy giant’s business plans would increase its carbon pollution by 17% by 2025. In total,…
Fossil fuel companies are talking a big game about climate policy. This year, BP pledged to cut its fossil fuel investments by 40%, Shell pledged to reach net-zero carbon emissions by 2050, and other oil giants have made similar promises, too. Right now, executives from these firms are bragging about their plans…
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