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by pydry 1769 days ago
>why are we demonising everything and everybody connected with it?

Because they acted as inhibitors to society's transition to green energy every step of the way.

>We need to help these companies transition

No. Carbon based energy companies need to be driven into bankruptcy. They are institutionally ill equipped to deal with the new realities we face. We need green energy industries that dont treat, e.g. wind energy as a hedge for their core business.

That means capital deployment from banks that are forward looking rather than backward looking.