Big Oil and Gas had a no good, very bad day
Fossil fuel companies are having a big reckoning with climate change this week. Shareholders for Exxon and Chevron voted for measures that could force them to take more responsibility for their emissions, while a Dutch court is forcing Shell to slash its pollution.
Taken altogether, the actions reflect a growing push for the energy sector to phase out fossil fuels. Major oil companies had already taken some steps to at least appear to address climate change, but activists are pushing for more action on a faster timeline to meet the scale of the climate crisis.
Climate activist Bill McKibben called it a “watershed day,” adding that the ruling against Shell could be “g...