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Oil bosses break long climate silence urgent initiative

2015-06-12 16:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: For an industry used to cautious, long-term evolution, the speed at which leaders of Europe's biggest oil and gas companies moved to take a joint stand in the climate debate speaks volumes. Discrete talks in the eyrie of Davos in January led to a spontaneous, light bulb moment on a stage in Oslo in February. The result: a joint statement two months later. The executives agreed they had to go public, and with alacrity. Faced with growing pressure from shareholders, vocal divestment campaigns...

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