U.S. and European Oil Giants Go Different Ways on Climate Change

The New York Times

As oil prices plunge and concerns about climate change grow, BP, Royal Dutch Shell and other European energy companies are selling off oil fields, planning a sharp reduction in emissions and investing billions in renewable energy. That’s not the case for American oil majors Chevron and ExxonMobil, which are doubling down on oil and natural gas investments, The New York Times reports.

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