The Wall Street Journal reported Thursday that as recently as 2016, Exxon executives were privately pushing back on the idea that humans need to cut their use of oil and gas to limit global warming.
span Rex Tillerson's tenure as the company's chief executive from 2006 until 2016.
Richard Wiles, president of the Center for Climate Integrity, a group that is trying to hold fossil fuel companies accountable for their role in driving climate change, says the documents obtained by"As communities pay an ever-greater price for our worsening climate crisis, it's more clear than ever that Exxon must be held accountable to pay for the harm it has caused," Wiles said in a statement.
By the late 1980s, concern was growing domestically and overseas that fossil fuel use was heating the planet, increasing the risks of extreme weather. In response, thereported, Exxon executive Frank Sprow sent a memo to colleagues warning that if there were a global consensus on addressing climate change,"substantial negative impacts on Exxon could occur.", Sprow wrote:"Any additional R&D efforts within Corporate Research on Greenhouse should have two primary purposes: 1.
A few years after the memo, Exxon became the architect of a highly effective strategy of climate change denial that succeeded for decades in politicizing climate policy and delaying meaningful action to cut heat-trapping pollution. An Exxon spokesperson said in an emailed statement that the company has repeatedly acknowledged that"climate change is real, and we have an entire business dedicated to reducing emissions — both our own and others."about $17 billion on"lower emission initiatives" through 2027. That represents, at most, 17% of the total capital investments the company plans to make during that period.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
You can’t teach an oil company new tricks.Exxon kept trying to mislead people on climate change even after finally admitting publicly in 2006 that fossil fuels are to blame, according to a Wall Street Journal investigation. Exxon continued to support research that questioned mainstream climate science after pledging to stop funding climate denial, according to the report. Before that, Exxon had already spent decades studying climate change while sowing doubt about the risks of burning fossil fuels.
Weiterlesen »
Wall Street Analysts Tear Down BYD Seal, Say Tesla Should WorryUBS analysts said that tearing down the Seal strengthened their belief that Chinese carmakers are here to stay and dominate the global electric car market.
Weiterlesen »
Wall Street Analysts Tear Down BYD Seal, Say Tesla Should WorryUBS analysts said that tearing down the Seal strengthened their belief that Chinese carmakers are here to stay and dominate the global electric car market.
Weiterlesen »
Wall Street gains as CPI data cements bets for rate-hike pauseStocks on Wall Street climbed on Wednesday as data showing a moderate increase in consumer prices in August cemented expectations that the Federal Reserve will leave interest rates unchanged in September.
Weiterlesen »
Birkenstock heads to Wall Street with IPO filingBirkenstock is heading for an initial public offering, with the company revealing its plans in a Tuesday filing with the Securities and Exchange Commission.
Weiterlesen »
Ron DeSantis turns to Wall Street executives, top lawyer for fundraising boost to catch TrumpFlorida Gov. Ron DeSantis is turning to a group of Wall Street executives and a top lawyer to help raise money for his race against Donald Trump.
Weiterlesen »