#Regram #RG theeconomist:
Our cover this week focuses on the oil industry. In a year blighted by wildfires and polar freezes, climate change is becoming hard to ignore. Yet demand for oil is rising and the energy industry is planning multi-trillion-dollar investments to satisfy it. No firm embodies this strategy better than ExxonMobil, the giant that rivals admire and green activists love to hate. It plans to pump 25% more oil and gas in 2025 than in 2017. If the rest of the industry pursues even modest growth, the consequences for the climate could be grave.
#TheEconomist