ExxonMobil Blasts Divestment Advocates Who Are Happy to Strike a Nerve

ExxonMobil blasted fossil fuel divestment advocates as "out of step with reality," in a recent blog post. Activists, who want nonprofit institutions such as universities and churches to dump their stock in fossil fuel companies, celebrated in response by interpreting Exxon's criticism as a sign that recent divestment victories are troubling energy companies

Exxon's blog post published last week came amid a successful month for the divestment movement, with the Swedish city of Orebro divesting from fossil fuels along with the University of Glasgow. Stanford announced its divestment from coal in May. Read more...

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