Exxon has consistently lobbied against the regulation, due to be phased in from 2027, which will require EU and non-EU companies with significant turnover in the bloc to ensure that their supply chains do not harm the environment or human rights. EU member states will be allowed to impose fines of up to 5 per cent of global turnover on companies found to be in breach of the law.
This post uses a gift link which probably has a view count limit. If it runs out, then there is an archived copy of the article
5% fine is “bone crushing”?
That’s a fucking rounding error. Shut up and pay your bills bitch.
Bit more than a rounding error if it’s a percentage of total revenue.
Though it’s absurd that industries exist that make such insane profit margins by destroying our planet that they could still easily pay the highest possible fine under this law.
in case you just wanna know who the shitstain is without clicking links:
https://corporate.exxonmobil.com/corporate-governance/board-of-directors/darren-woods
he made 44 million dollars in 2024.
At that speed he’ll never be a billionaire 😭😭😭
He’ll need all the money he can get his hands on to bulæild a doomsday vault for when he completes fucking over the planet
At which point will we start to treat the destruction of our climate and our planet as violence?
Translation: greedy people want to greed harder.
So they’re literally saying they want slaves
Because of course
Please be our thug Mr. President.
