See on Scoop.it – The Great Transition
As the company bows to pressure to report on its preparations for climate regulation, campaigners want investors to recognise that extractors may be forced to leave oil and gas in the ground, write Natasha Lamb and Danielle Fugere
Willy De Backer‘s insight:
Are we on the verge of a real revolution in the oil and gas industry as the global divestment campaign is gaining traction? Or will the fossils use their big cash piles to fight back?
See also http://www.greenbiz.com/blog/2014/03/24/exxon-stranded-assets-and-new-math
See on www.theguardian.com