Even Oil Companies Are Now Saying Climate Change Will Hurt Their Business – Time
Article Synopsis – Oil and gas companies are now beginning to acknowledge that climate change will hurt their business as more consumers switch to electric cars and the renewable energy market continues to grow. In annual reports released in February, BP said that it expected oil demand to peak in the next two decades and Exxon Mobil acknowledged that some of its assets “may not be attractive investments” as a result of the shifting energy market. To read the actual article click here.