Exxon says world set to fail 2°C global warming cap by 2050www.reuters.comexternal-linkcross-posted to: collapse@slrpnk.networldwithoutus@kbin.socialhackernews@derp.foo Espiritdescali ( @Espiritdescali@futurology.today ) M Futurology@futurology.todayEnglish • 10 months ago message-square11fedilinkarrow-up173
arrow-up173external-linkExxon says world set to fail 2°C global warming cap by 2050www.reuters.com Espiritdescali ( @Espiritdescali@futurology.today ) M Futurology@futurology.todayEnglish • 10 months ago message-square11fedilinkcross-posted to: collapse@slrpnk.networldwithoutus@kbin.socialhackernews@derp.foo
minus-square anonionfinelyminced ( @anonionfinelyminced@kbin.social ) linkfedilink6•10 months ago“It’s those darn shareholders! Our hands are tied!”
minus-square zagaberoo ( @zagaberoo@beehaw.org ) linkfedilinkEnglish4•edit-210 months agoNot that it’s a good excuse, but isn’t that true? Investors ultimately elect executive management. The abstraction between investor ownership and company management is one of the most damaging structures ever built.
minus-square anonionfinelyminced ( @anonionfinelyminced@kbin.social ) linkfedilink1•edit-210 months agoTake your pick! https://imgur.com/a/856MuzH
minus-square Ni ( @Ni@kbin.social ) linkfedilink2•10 months agoSeems like the reasoning they are going with. Really we need to make it somehow more profitable to do the right/climate focused things.
“It’s those darn shareholders! Our hands are tied!”
Not that it’s a good excuse, but isn’t that true? Investors ultimately elect executive management.
The abstraction between investor ownership and company management is one of the most damaging structures ever built.
Take your pick!
https://imgur.com/a/856MuzH
Seems like the reasoning they are going with. Really we need to make it somehow more profitable to do the right/climate focused things.