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In Shift, Exxon Mobil to Report on Risks to Its Fossil Fuel Assets

March 21, 2014 By James Handley

Shareholders Force Exxon to Include Climate Risk in Value of Fossil Fuel Assets (NYT)

Filed Under: Prices Matter

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Quote of Note

The hue and cry over fossil fuel subsidies in the US is a tempest in a teapot, more a political symbol than a real source of revenue or decarbonization. The big fossil fuel subsidies are the externalities.”

Commentator David Roberts, in Biden’s tax plan goes after the little fossil fuel subsidies, but not the big ones. (Direct subsidies don’t amount to much.), April 9.

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