No soup for you!
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living the approved “zero-energy” lifestyle
Powerline: The hypocrisy of the elite
The Wall Street Journal reports today that the insurgent members that outside groups managed to get elected to the board of ExxonMobil want the company to begin planning to go out of business:
Exxon Debates Abandoning Some of Its Biggest Oil and Gas Projects
Exxon Mobil Corp.’s remade board of directors is debating whether to continue with several major oil and gas projects as the company reconsiders its investment strategy in a fast-changing energy landscape, according to people familiar with the matter.
Members of the board—which includes three directors successfully nominated by an activist investor in May and two other new members—have expressed concerns about certain projects, including a $30 billion liquefied natural gas development in Mozambique and another multibillion-dollar gas project in Vietnam, the people said. . .
Exxon board members are weighing the fate of future projects as the company is facing pressure from investors to restrain fossil-fuel investment to limit carbon emissions and return more cash to shareholders. Environmentalists and some government officials are also pressuring the company to produce less oil and gas.
So, the climatistas don’t want Mozambique and Vietnam to use natural gas. More confirmation of the point on this chart:
