The insurgency against big oil - On Line Opinion
While Australian politicians languish in a world blotched by climate change scepticism and fossil fuel love-ins, global oil and gas companies have been shaken. Three titans of oil fame – Shell, ExxonMobil and Chevron – faced a range of decisions in May that promise to dramatically shape their future operations. The point is not negligible, given that this triarchy produced, between 1988 and 2015, 5% of total global scope 1 and 3 emissions. Royal Dutch Shell was the first giant humbled by a Dutch court ruling that it was required to reduce total emissions by net 45% of 2019 levels by 2030....