The Impact of the Inflation Reduction Act on ExxonMobil

After Chris James published his letter calling for changes to the ExxonMobil board, he spent the next few months trying to persuade investors that the new board members would make the company more sustainable. The biggest change is probably starting the low carbon solutions business,. Carbon is something to be feared and something that was an existential threat to their business model. Today, it's one of the three pillars of the organization.