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Why big oil and gas firms might want the Paris agreement to survive

By Annie Snelson-Powell, Associate Professor of Business and Society, University of Bath

ExxonMobil chief executive Darren Woods has urged president-elect Donald Trump to not take the US out of the Paris agreement on climate change. “We need a global system for managing emissions”, he said in an interview at the annual UN climate summit in Baku, Azerbaijan.

Though Woods’ words were unusually high profile and direct, some of his equivalents at rival fossil fuel firms have expressed similar…

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