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submitted 11 months ago* (last edited 11 months ago) by uphillbothways@kbin.social to c/news@lemmy.world

ExxonMobil and Chevron both increased their stake in fossil fuels this month as they plan to continue their destruction of the environment.

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As Reuters reports, two weeks ago ExxonMobil agreed to acquire Pioneer Natural Resources for nearly $60 billion. This week, Chevron, the second largest oil company in the world, agreed to pay $53 billion for Hess. The Exxon acquisition is the largest in the company’s history since it acquired Mobil Oil nearly 20 years ago. The driving force behind the Chevron deal is that it gives it access to a new fossil fuels reserves being developed in Guyana, a country in northeast South America between Venezuela and Brazil.
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... This week in Germany, the Munich Regional Court sentenced four climate scientists turned activists to fines totaling €1680 each. If they do not pay the fines, they will be required to serve 105 days of prison. The four were convicted of criminal damage and trespassing during their peaceful protest against Germany’s policy failure regarding the climate crisis last year in Munich.
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archive link: https://ghostarchive.org/archive/GyX1o

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this post was submitted on 27 Oct 2023
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