ExxonMobil row masks true green dilemma

…While the Rockefellers beat their breasts, most shareholders will continue to love the fat Exxon dividend.

Yet underlying the protest from the trust fund Rockers is a big problem for oil companies – their ever-increasing reliance on the support of governments and regulators.


Exxon’s riposte to the climate change and peak oil lobbies is that technology rather than regulation will provide answers to our energy problems.

It is a disingenuous argument because the energy industry is at the governments’ knees begging for help – big dollops of taxpayer cash to build experimental power stations.

Times of London