Hilarious: Exxon Concludes Climate Policies Will Have Minimal Impact

Watts Up With That?

Guest essay by Eric Worrall

An activist shareholder push to force Exxon to include climate risks in their company reports has spectacularly backfired: Exxon has demonstrated that there is no threat to their business, for the foreseeable future.

Exxon Studies Climate Policies and Sees ‘Little Risk’ to Bottom Line

By BRAD PLUMER and HIROKO TABUCHIFEB. 2, 2018

WASHINGTON — In one sign of the pressures that companies face to understand the business risks of stricter climate-change policies, one of the world’s biggest energy companies on Friday offered its thoughts on how it would fare in a low-carbon world.

Exxon Mobil’s shareholders — concerned that the company’s main businesses, oil and natural gas, may be imperiled — had demanded last year that the company give a more detailed accounting of the consequences of global policies aimed at curbing emissions of earth-warming gases. Those policies include the goal of the Paris climate…

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About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

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