Big Oil’s Winning Streak Forces Activist Investors to Regroup
Source: @BreaknNews
Big Oil’s big climate showdown Months of tensions between oil majors and activist investors could reach a boiling point at the annual meetings of Exxon Mobil and Chevron Wednesday, as the U.S. giants pump record levels of crude and sit on bumper profits.Facing another defeat, the climate groups that bought shares to try to influence corporate behavior are now rethinking their strategies, Vivienne Walt reports for…
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