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Exxon warns Europe must cut climate-related regulatory burden - FT (NYSE:XOM) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
ExxonMobil has warned it
would withhold billions of dollars in climate-related
investments in Europe unless Brussels cuts environmental red
tape, which the company blames for the deindustrialisation.
ExxonMobil has warned the EU that it will take billions of dollars in climate investment elsewhere if the bloc doesn’t remove the regulatory burdens involved in getting projects off the ground.