Exxon case divulges my assumption that Crony Capitalism will fight back against Climate Catastrophe. Read Jane Mayer and Naomi Klein.
This case provides the smoking gun evidence that Capitalism will willingly destroy Earth for the sake of profit.
BBG Exxon doubles down, 25% increase, until 2025, $200 bn in new drilling. So contesting Exxon’s expansion: oil in Brazil & Guyuna and LNG in Mozambique and Papua New Guinea, is essential. Climate news. Inflated value of reserves, violating SEC: Climate News good source re tar sands as, like coal, potential stranded resource. See background, nat gas shift. Industry undermines climate talks.
NB, catastrophe as sudden, oed, final, conclusive. So need synonym.
Shift from future to present threat.