This Is The Beginning Of The End Of The Fossil Fuel Industry
The fossil fuel industry is at a crossroads.
Oil and gas giants such as Royal Dutch Shell, ExxonMobil and BP continue to reap stupendous profits from selling products that contribute to the high levels of carbon emissions causing climate change. Like the tobacco industry before it, these companies have poured money into lobbying and misinformation campaigns to escape restrictive regulations.
But, as world leaders gather in Paris for the month-long COP21 climate talks, the fossil fuel industry's future is in jeopardy. There may be an abundant supply of oil, gas and coal and -- at least for now -- a strong demand for these products, but there is a growing urgency among business leaders and policymakers to stem usage before the effects of global warming worsen dramatically.