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The Energy 202: ExxonMobil declines to set long-term climate goal, bucking oil industry trend

The Energy 202: ExxonMobil declines to set long-term climate goal, bucking oil industry trend
Thursday 28
20:12 2020

with Paulina Firozi ExxonMobil dismissed the idea of setting a date by which it will sharply reduce its contributions to climate change — bucking a recent trend among major oil companies. Darren Woods, the company’s chairman and chief executive, told investors Wednesday that it is up to consumers and the governments they elect to set target dates cutting greenhouse gas emissions — not a single corporation such as his. “As an individual company, we can't drive that but we can certainly participate in it,” Woods said during the company’s annual shareholders’ meeting, held virtually because of the coronavirus pandemic. ExxonMobil ...

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Read more from Washington Post : The Energy 202: ExxonMobil declines to set long-term climate goal, ...
Washington Post : The Energy 202: ExxonMobil declines to set long-term climate goal, bucking oil industry trend

Summary: CEO Darren Woods told investors it is up to consumers and the governments they elect to set targets.

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