The fossil-fuel industry—which, for 2 centuries, underwrote our civilization and then became its greatest threat—has started to take serious hits. Today, President Obama rejected the Keystone Pipeline, becoming the first world leader to turn down a major project on climate grounds. 18 hours earlier, New York’s Attorney General Eric Schneiderman issued subpoenas to Exxon, the richest and most profitable energy company in history, after substantial evidence emerged that it had deceived the world about climate change.

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