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Oil giant’s retreat on clean energy shows limits of investor pressure

The company scrapped a $5 billion clean-energy pledge and put a $US2.35 billion ammonia project under review as it refocuses on fossil fuels.

Summary by Sydney Morning Herald
Corporate pledges to pursue environment, social and governance goals are no substitute for policy action by governments.

4 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
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Oil giant’s retreat on clean energy shows limits of investor pressure

Corporate pledges to pursue environment, social and governance goals are no substitute for policy action by governments.

·North Sydney, Australia
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  • 75% of the sources lean Left
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Sydney Morning Herald broke the news in North Sydney, Australia on Sunday, August 30, 2026.
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