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They did act. IIRC they started sponsoring anti climate change material producing organizations and supporting its dissemination. A wildly succesful project tha
by Gravityloss 7y ago
They did act. IIRC they started sponsoring anti climate change material producing organizations and supporting its dissemination. A wildly succesful project that has probably paid itself back with a large factor.
- tossAfterUsing 7y agoThey also (as i read) started building their ocean based drilling platforms a little bit taller to account for sea-level rise.
- kleton 7y agoOil rigs float.
- tossAfterUsing 7y agosome are floating some are actually platforms with legs that touch the ground. furthermore, i was wrong to write "drilling" platforms... as those are only used during the field's construction, until the wells are in place.
- Ididntdothis 7y agoI think a good strategy is to sponsor anti climate change activities to keep current profits flowing while at the same silently investing in businesses and tech that will do well in the world climate change creates. I think that's what they are doing.
- munk-a 7y agoI mean... yea, it's a good strategy for them it isn't a good strategy for everyone else though.
- Ididntdothis 7y agoThat’s usually not a concern.
- adrianN 7y agoLike which businesses? Arms dealers?
- Ididntdothis 7y agoIf was an oil company I would invest in renewables for examples.
- anigbrowl 7y agoDumping your externalities on others is profitable, but it's not good.
- NeedMoreTea 7y agoI wonder what point people will want to hold them, and others, accountable. Not just cases seeking recompense for investors, but for larger consequences.