Exxon – leccar

July 24, 2018

ExxonMobil leaves conservative anti-climate lobbying group

Following a public spat over climate change legislation, oil giant ExxonMobil has pulled its membership from the Koch brothers-backed anti-climate-change lobbying group, American Legislative Exchange Council. Neither ExxonMobil nor ALEC has commented publicly on the reasons for the company's departure, but the move comes after ExxonMobil had an...

January 26, 2018

Exxon and climate change: two lawsuits, in opposite directions, on same grounds

One of the world's largest oil producers is about to enter a tit-for-tat battle over climate change with government officials from multiple states. New York, Massachusetts, New York City, and a slew of cities in California have brought multiple lawsuits against oil producers for a lack of disclosure of potential liabilities they may face. Those...

August 29, 2017

Exxon knew climate change was real, ads told public it wasn’t

Sometimes it's best not to dare the public to do the research, especially if you're trying to persuade them of something that isn't true. Almost two years ago, Inside Climate News published a significant expose that confirmed Exxon's own scientists had agreed that human carbon emissions contributed to global warming as early as July 1977. But as...

February 2, 2017

Exxon says coal will endure; other analyses beg to differ

Renewable energy sources may eventually render fossil fuels irrelevant in energy generation, but when will the switch between the two energy sources occur? It's a question that fosters much debate among policymakers, environmental advocates, and financial analysts. For its part, ExxonMobil believes fossil fuels—notably including...

November 10, 2016

Oil in ground may be worth less, Exxon concedes, unhappily

As low oil prices remain steady, many oil companies have been forced to write down the value of their reserves. It's something oil giant ExxonMobil has resisted, even as its revenues have dropped. But the company is now expected to reassess the value of 3.6 billion barrels of oil-sand reserves, and 1 billion barrels of other North American oil...

October 14, 2016

Did you know Exxon researched hybrid cars (then ignored them)?

Hybrid cars are often thought of as a fairly recent development, but few things under the sun are truly new. In response to the 1970s oil crises, engineers began contemplating ways to move the auto industry beyond fossil fuels, using much less sophisticated technology than what became available in the ensuing decades. One of the leaders of this...