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    1. Activist Investor Push To End Coal Mining Is Backfiring

      Activist Investor Push To End Coal Mining Is Backfiring

      The obvious case for allowing the free market to make decisions in industries like energy is that, when changes are forced instead of adopted naturally (usually via laws or government subsidies), they often work against the interests of efficiency. That's a lesson several companies found out first hand. In fact, Bloomberg writes there is now a "growing unease among climate activists and some investors that the policy many of them championed could lead to more coal being produced for longer"...

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    2. Chevron CEO: Shareholder Returns Are More Important Than Solar, Wind Investment

      Chevron CEO: Shareholder Returns Are More Important Than Solar, Wind Investment

      Shareholder returns are more important for Chevron than investing in wind and solar energy, chief executive Mike Wirth told CNBC in an interview. "These [wind and solar] are technologies that are relatively mature. There is plenty of capital that's available. The returns in wind and solar are actually being bid down, and we've concluded that management in our company can't create value for shareholders by going into wind and solar."

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    1-4 of 4
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