major fossil-energy suppliers are already looking for new ventures ...a "meaningful action" would be investment in what they previously called "novel" industries .....Protean WEC is a very good contender as an investment for any of these players....
Exxon Mobil (NYSE:XOM), lately a favorite target of global warming activists, says it supports “meaningful action to address the risks of climate change" from the climate change talks in Paris as long as any deal preserves access to reliable and affordable energy.
XOM says it takes climate change seriously and has taken steps to reduce its own emissions, adding that the most effective solution would be a revenue neutral tax on greenhouse gas emissions, reiterating a position the company has held for years.
XOM has been under attack by critics who say it misled the public by promoting uncertainties about climate science; in a new Rolling Stone interview, Sec. of State Kerry says the company’s actions would be a "betrayal” of humanity if it is found to have suppressed knowledge about climate risks.
SHE Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held