Terence Corcoran: Greens need to rethink Exxon theory

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Terence Corcoran: Greens need to rethink Exxon theory
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Activists need to rethink the conspiracy theory that Exxon concealed in\u002Dhouse science proving fossil fuels were killing the planet. Read on

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showed that Exxon, rather than fighting climate theory, had already embraced it as a planning strategy.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

Exxon did not bury the science. In an alternative conspiracy theory, these are the words of a corporation getting ready to capitalize on the carbon control regimes that activists and politicians were gearing up to impose on the world.Article content of The Wall Street Journal put it, the United States and European governments “have told companies that their products will soon become obsolete.”ExxonMobil CEO Darren Woods, the fossil fuel industry is “underinvesting” in fossil fuels. “Some of our competitors have stepped back” from fossil-fuel investments, which tightens capacity and supply. But not Exxon.

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