EspiritdescaliMA to FuturologyEnglish · 2 years agoExxon says world set to fail 2°C global warming cap by 2050www.reuters.comexternal-linkmessage-square17linkfedilinkarrow-up1127arrow-down10
arrow-up1127arrow-down1external-linkExxon says world set to fail 2°C global warming cap by 2050www.reuters.comEspiritdescaliMA to FuturologyEnglish · 2 years agomessage-square17linkfedilink
minus-squareanonionfinelyminced@kbin.sociallinkfedilinkarrow-up12·2 years ago“It’s those darn shareholders! Our hands are tied!”
minus-squareNi@kbin.sociallinkfedilinkarrow-up3·2 years 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-22 years 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-22 years 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