What does it mean when the world’s largest generator of wind and solar outpaces the most iconic oil company in market value? We’re talking about NextEra Energy and ExxonMobil. What does the flip tell us about the energy transition? Plus, reporters at Bloomberg got their hands on documents that show ExxonMobil plans to pretty significantly ramp up emissions in the coming years. Is this the planet’s most recalcitrant company? Then, the flattening of hydrocarbon growth will change global political power. But do we really know how yet? We’ll discuss a new piece from Jason Bordoff about the surprising geopolitics of energy. Lastly, a lot of manufacturing relies on very high heat. Are there ways to reach those temperatures cleanly? We’ll look at some new developments in the steel industry. Recommended reading:Bloomberg: Exxon’s Plan for Surging Carbon Emissions Revealed in Leaked Documents Barrons: Green-Oriented NextEra Nears ExxonMobil in Market capWall Street Journal: NextEra Energy Made Takeover Approac
