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Big Oil’s ‘monster profits’ and climate rollbacks
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Oil Companies' Climate Commitments During the Pandemic
The Biden administration has been trying to get these companies to produce more and they have essentially said no, right? So we're seeing a real step backwards from big oil. Shell recently said that it was going to pause the growth in new spending at its renewable energy unit. Exxon walked back its commitment to algae based biofuels despite advertising about them for over a decade.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode