Terence Corcoran explains at the Financial Post: The world needs more of what Exxon is selling (and will for decades). Excerpts in italics with my bolds.
World demand for Exxon’s products, fossil fuels, is expected to increase and remain steady over the coming decade
It’s the kind of story that lights up headlines: one of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp. because the global oil giant wasn’t doing enough to address climate change.
The investment fund manager, Legal & General Investment Management (LGIM), oversees $1.3 trillion, making it the 11th largest money manager in the world. Legal and General (as it is called) is also one of scores of investment management firms, activists and hand-wringing organizations that are part of the burgeoning global sustainable and environmental social finance and governance effort to promote collaborative engagement and foster responsible investment and divestment. The…
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Utopia, you are standing in it! 
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