Fossil gasoline lobbyists are literally the biggest single contingent of the COP (Convention of Events on local weather change) conferences. Certain, there are authorities entities, environmental safety organizations, the large gamers in photo voltaic, wind, vitality storage, electrical transportation, so on, however there are extra folks from Large Oil/Fuel/Coal than every other group, and it’s clear that they are going to battle low-carbon sources of vitality to the very finish.
ExxonMobil earned $8.6 billion within the third quarter of 2024, however that’s as a result of they don’t seem to be required to pay for the long-term environmental injury that their merchandise are inflicting on the planet.
That sum of money carries with it an immense quantity of political energy, making this transition an intensely tough one.
