Daybreak Alberta

A Major Shift in the World of the Oil Giants


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During the week of May 24th, three major events happened for 3 of the major international oil companies. Firstly, a court in the Netherlands ordered Royal Dutch Shell that it has to reduce it's carbon footprint to 45% of their 2019 emissions. Meanwhile, the corporate board of Exxon saw two new directors appointed who were from an activist hedge fund intent on making Exxon fight climate change. And then Chevron shareholders voted in favor of a proposal to cut emissions generated by the use of the company’s products. Closer to home in Alberta, Suncor announced that they would likely be walking away from their offshore oil projects on the East Coast. That's a lot of news for one week, and to help digest all of it, Russell spoke with climate journalist and energy industry podcaster, Markham Hislop.
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Daybreak AlbertaBy CBC