Source: In These Times
by Brad Swanson
“Donald Trump has long called global warming a hoax, but his sweeping anti-climate agenda has stunned even many of his supporters. Since returning to the White House, he’s withdrawn the U.S. from the Paris Treaty, rolled back critical greenhouse gas regulations, and opened up millions of acres of previously protected public land for oil and gas drilling. In response, big oil and gas companies have abandoned, without the slightest resistance, the showy public commitments they had previously made to climate transition. For example, BP has slashed green energy expenditures by 70 percent, Equinor has cut back its renewable capacity targets by almost 40 percent, and Chevron has reduced its carbon-reduction capital expenditures to about 5 percent of its total capital expenditures.” (05/05/26)
https://inthesetimes.com/article/is-ethical-capitalism-possible-myth-esg-criticism-climate-change