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The Net Zero Transition Headlines

Has Exxon Mobil turned over a new, green leaf?

News that Exxon Mobil will spend $3bn in the next five years on a new low-carbon business unit came after a flurry of announcements signalling that America’s biggest fossil fuel producer has finally accepted that it may need to change course in the face of climate change.

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Senate Democrats unveil corporate tax for Biden agenda

(Reuters) -Leading Democratic senators unveiled legislation on Tuesday to impose a 15% minimum tax on the most profitable U.S. corporations, saying the levy would help finance President Joe Biden's social policy and climate change plans.