This is
why oil giants like ExxonMobil are investing more these days in natural gas, demand for which is expected to grow as electric utilities in Canada, the United States and Europe switch from coal to gas - fired power generation.
Add in to that the Pope's eminent «encyclical» letter that will make climate change a priority for the world's 1.2 billion Catholics, and you understand
why Oil giants are scrambling to find an alternative to stone walling on climate change solutions.
Pressure is mounting on ExxonMobil to explain
why the oil giant funded climate denial around the world years after its own scientists established global warming was real.
Not exact matches
As Hillary Clinton told a California audience recently, by way of explaining
why the State Department was leaning toward approving TransCanada Corp.'s
giant Keystone XL pipeline: «We're either going to be dependent on dirty
oil from the Gulf or dirty
oil from Canada.»
Energy analyst Pavel Molchanov explains
why he thinks these two
oil giants, which have accounted for about a third of the Dow's point losses this month, are a buy.
The report says the panel has not yet had time to work out
why the blowout preventer, a
giant valve on the seafloor which should have stopped the flow of
oil as a measure of last resort, failed to activate.
Why should the utilities, cement producers, steel companies,
oil companies, and other
giant polluters welcome any progress in the science and technology of pollution abatement?
It'd be political theater, but down - right effective political theater, forcing these 40 Senators to explain
why they sided over
giant oil companies recording massive profits and not with the American consumer.