Oil Industry Under Pressure To Respond To Climate Change

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(ET)

The oil industry, under mounting pressure from environmental activists to react more quickly to counter climate change, has begun to adapt its strategy but is struggling to convince critics it is doing enough. Last week activists, responding to a call from the Extinction Rebellion group, laid siege to Shell’s London headquarters whose windows were smashed.

Several days later hundreds of activists blocked several symbolic sites in France, including the headquarters of oil giant Total. “They are mastodons whose business model is based on fossil fuels and which don’t want to shift one iota because up until now they’ve made money that way,” said Cecile Marchand, who heads up climate activities of the French branch of the Friends of the Earth network of environmental protection groups.

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