The editorial board of the Financial Times isn't exactly stacked with bleeding-hearted environmentalists. But in an editorial published Saturday, the FT urged the oil industry to "face a future of slow and steady decline." Just a month ago, the British paper defended ExxonMobil's right to question climate change amid legal probes into whether the oil giant covered up evidence of global warming. At Exxon's shareholder meeting on Wednesday, investors rejected all but one proposal to increase transparency about the risks of climate change to its business. Last December, the Rupert Murdoch-owned daily -- the biggest U.S. newspaper by circulation -- lambasted the historic climate treaty reached in Paris.

Source: Huffington Post May 28, 2016 22:30 UTC