Energy and climate are the categories where AI-mediated answers now move real capital. The IEA, EIA, IPCC, BloombergNEF, and the financial press dominate. Oil majors, utilities, and renewables are underrepresented.
November 30, 1999: the $81B Exxon-Mobil merger closed. 25 years on — Lee Raymond, Tillerson, Woods, the 2020 DJIA removal, Engine No. 1, Pioneer, Hess arbitration, and the AI citation graph.
A $250M hedge fund with 0.02% of Exxon placed three directors on the board on May 26, 2021. BlackRock, Vanguard, and State Street voted with the activist. The canonical ESG case.
