Carla Skandier Research Associate with the Next System Project writes for Other Words about the financial failure of the energy sector:
In the last two years, many stories have surfaced on the knowledge major fossil fuel companies like Exxon-Mobil had about the climate impacts of their activities, and the many tactics these same companies employed to deceive the public about these impacts. But they may have also managed to deceive themselves.
Cheered on by a president who’s gone above and beyond to prop up the fossil fuel industry — from announcing his intent to withdraw the U.S. from the Paris climate agreement to pushing for approval of the Keystone XL Pipeline — dirty energy companies are deluding themselves that business as usual is a possible path forward.