Oil and gas companies are working hard on their messaging in the climate change era. If it’s “code red for humanity” as the UN’s IPCC said last Monday in its latest dire climate report, it’s some sort of “code red” for the fossil fuels industry too, in terms of figuring out how to stay relevant, believable — and for the market, investable — in an era of carbon emissions reduction mandates from governments, regulators and shareholders.
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