The climate crisis is changing consumer demand — and corporate investments

“Investors are quite concerned that companies like Chevron that are producing fossil fuels will continually be caught with assets that they can't sell. If utilities can buy solar at a cheaper rate than natural gas, that will impact Chevron,” said Danielle Fugere, president and chief counsel of shareholder advocacy group As You Sow. Read More →

EnergyAs You SowDecember 30, 2019climate, climate change, chevron, Chevron, chevron write down, Paul Huttner, Megan Burks

Experts Warn Chevron's $11 Billion Write-Down Portends 'Greater Troubles to Come' for Fossil Fuel Industry

That was the reaction Wednesday from sustainability professional Jessica Davis after oil giant Chevron announced that it was writing down at least $10 billion and as much as $11 billion in assets.

EnergyAsYouSowDecember 12, 2019Andrea Germanos, climate, climate change, chevron, chevron write down, Chevron

Exxon escapes fraud charge, but not climate risks

A New York judge found ExxonMobil not guilty of deceiving investors about how it accounted for the cost of future climate-change regulations.