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Why has Andy Karsner frightened the mighty ExxonMobil?

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Saturday, June 19, 2021

The installation of Karsner as one of ExxonMobil’s 12 board members shows how much has changed among Republicans involved in the energy business, a group that is looking for ways to deal with climate change, not dally over whether it really exists. And the proxy fight shows how shareholders and investors no longer judge ExxonMobil by the size of its oil and gas reserves, but rather by looking at the company’s plans for decarbonizing its operations and thinking about how to make a transition to a very different kind of enterprise.

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