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Oil demand growth could near zero globally by 2028 — fossil fuel subsidies are a hidden problem in the green energy transition: Arthur van Benthem

"In extreme cases, they can even vote out board members, as in Exxon Mobil in 2021 when a majority of shareholders elected three new board members proposed by an activist hedge fund. They can also divest, sell or deliberately decide not to own high carbon stocks. Another option is to align with companies which are currently high carbon but have a credible commitment to reducing their emissions," Benthem said. ....

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