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Yeah, I mostly agree with this. Only difference is a corporation isn't a feeling, knowing, conscious actor.
And it's very hard to repeatedly and publicly state things you know to be untrue.
Do you really believe they bought into climate change fear or did they adapt to it and still benefit.
Basically, as the article shows, I think the top brass in charge genuinely believed the nonsense the were pursuing. And when the incentives changed, out they went, so the corporation could, as you say, pursue what mattered in the new environment
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I could be wrong about specific companies but this my sense in general about oil companies and green initiatives.
Have they failed? Or have they played the cards they were delt. Do you really believe they bought into climate change fear or did they adapt to it and still benefit.
When solar power generation takes the place of traditional power a gas powered peaker plant must be installed to solve the cliff problem with all solar power generation. Power generation falls off a cliff at dusk. Batteries are a part as well but weren't broadly used until very recently and still arent enough yet.
It seems to me these large corporations just follow the masses. When ESG is not a political issue they went along. Trump gets elected and suddenly they grow a spine? Nah. Same with DEI. They never actually believed. They thought it would make them more loved and profitable.
Corporations don't have values. Their only value is profit. At least as whole that is my opinion. Individuals within them are another story. Corporations aren't brave moral actors. They are corporations.
Even many of the more extreme woke leftists get this. The rainbow flag stuff is just PR. Same with the green stuff. It's PR. Now they don't think it's as needed because orange man won an election.