“My gut says that any major oil company touting its green footprint or plan for a carbon-free future is mostly horsesh!t and P.R. propaganda,” one oil trader told me. “My gut also says that they would be in a prime position to s— up any green carbon tax credits or incentives, “
https://www.vanityfair.com/news/2021/02/the-industry-is-just-seen-as-trying-to-k–l-everybody-inside-the-greenwashing-of-big-oil
weaklings invest in algae.. waste money with negative real returns.
Drown that sh– in green algae.
ExxonMobil Waste Management Solution:
Yesterday’s technology, tomorrow!
ExxonMobil Waste Management Solutions has all the chance to fail after all the misleading statements, fake promises, and bs propaganda.
I bet it will employ more comms people, PR, PG&A, and lawyers than geologists or engineers.
No idea if it will bear fruit, but at least the VP they put in charge is one of the good ones.
Yep no one cares except the market, or the investors and the stock is in gutter.
That sweet green gusher: the Dividend.
Push it on up!
Bloomberg? Haha. Who next? Lane Bryant? Time? Great sources you have.
As was said, nobody cares. Just noise. Back to drilling!
What happened to the magic algae? Investing in Mary Jane would return higher returns and better carbon foot print.
None cares, except...
Bloomberg: “Exxon’s New Carbon Capture Plan Looks a Lot Like Its Old One”
https://www.bloomberg.com/news/articles/2021-02-01/exxon-makes-3-billion-carbon-capture-vow-after-climate-pressure
Quartz: “Exxon's new climate initiative is too little, too late”
Management and their goons in PR aren’t fooling anyone that doesn’t want to be fooled.
Dividends are worthless if the value of the company keeps declining. Look at the 5 year chart... Its pathetic. Almost looks like a stock split.
You can keep your dividends. I'm looking for companies that are actually growing.
All your carbons are belong to us.
business as usual, fake propaganda...just a temporary solution to hold the share price. Thanks for the dividends, work harder guys... don't slack off, I want my dividends.
Oh my, those world class unbiased editors at vanity fair have spoken with great expertise on science, energy and economics! They should stick to the “fashion industry” but if you are desperate for validation of your beliefs, guess you can quote anyone. Doubt anyone cares.