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It’s the end of an algal era: Exxon is backing out of a biofuel effort that the company has for years centered as part of its work in clean energy.
BP is raking in a huge amount of cash these days on oil, so it wants you to ignore all those lofty promises it made about the climate just a few years ago.
This story was originally published by Grist. You can subscribe to its weekly newsletter here.
If by some miracle you had a great 2022, you’re not alone. At least two of the world’s biggest oil corporations thoroughly rocked last year. In fact, for ExxonMobil and Chevron, 2022 wasn’t just a good year—it was the best one ever.