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By reducing the amount that they produce and sell?
by Osmose 3y ago
By reducing the amount that they produce and sell?
- imgabe 3y agoThen someone else produces and sells it. Exxon doesn’t control market demand. If companies could control demand for their products then they would make infinite money by just controlling the demand to be as high as possible.
- Osmose 3y agoThen Follow This and other orgs will start looking into how to get voting power there, too.
- imgabe 3y agoGood luck getting a vote at Aramco or PDVSA or anything in Russia. They'll be laughed out of the room if they're lucky and probably murdered if they get too annoying.
- Osmose 3y agoMaybe. Then maybe they'll try some other tactic in those cases. Either way Exxon totally has a way to reduce the emissions of their customers: by reducing their customers. They may go to other producers but this is hardly the only thing activists are trying. It's not an impossible request and could be a useful component of a larger strategy.
- jamesmstone 3y agoIn addition, it would then increase the market prices, which in turn helps incentive lower emissions or greener cheaper alternatives