Espiritdescali@futurology.todayM to Futurology@futurology.todayEnglish · 1 year agoExxon says world set to fail 2°C global warming cap by 2050www.reuters.comexternal-linkmessage-square18fedilinkarrow-up1127arrow-down10cross-posted to: collapse@slrpnk.nethackernews@derp.fooworldnews@lemmit.onlinecollapse@lemmit.online
arrow-up1127arrow-down1external-linkExxon says world set to fail 2°C global warming cap by 2050www.reuters.comEspiritdescali@futurology.todayM to Futurology@futurology.todayEnglish · 1 year agomessage-square18fedilinkcross-posted to: collapse@slrpnk.nethackernews@derp.fooworldnews@lemmit.onlinecollapse@lemmit.online
minus-squareanonionfinelyminced@kbin.sociallinkfedilinkarrow-up12·1 year ago“It’s those darn shareholders! Our hands are tied!”
minus-squareNi@kbin.sociallinkfedilinkarrow-up3·1 year agoSeems like the reasoning they are going with. Really we need to make it somehow more profitable to do the right/climate focused things.
minus-squarezagaberoo@beehaw.orglinkfedilinkEnglisharrow-up2·edit-21 year agoNot that it’s a good excuse, but isn’t that true? Investors ultimately elect executive management. The abstraction between investor ownership and company management is one of the most damaging structures ever built.
minus-squareanonionfinelyminced@kbin.sociallinkfedilinkarrow-up1·edit-21 year agoTake your pick! https://imgur.com/a/856MuzH
“It’s those darn shareholders! Our hands are tied!”
Seems like the reasoning they are going with. Really we need to make it somehow more profitable to do the right/climate focused things.
Not that it’s a good excuse, but isn’t that true? Investors ultimately elect executive management.
The abstraction between investor ownership and company management is one of the most damaging structures ever built.
Take your pick!
https://imgur.com/a/856MuzH