Tag: Exxon

“Public concern regarding environmental problems is being translated into legislation rapidly.”

The world’s largest oil company says climate change is real, yet continues to finance climate denier groups.

“It’s time Exxon pay for its destruction. For years, I've seen the rise of extreme oil and gas extraction – fracking and tar sands – and increasingly extreme weather events of the climate crisis.

"Exxon built a facade to deceive investors into believing that the company was managing the risks of climate change regulation to its business when, in fact, it was intentionally and systematically underestimating or ignoring them."

Drilling agreements on the books before 1982 have been allowed to continue, and that's where ExxonMobil, Koch, and other companies come into play.

Exxon’s Baton Rouge refinery is adjacent to one of the company’s eight facilities named in a settlement reached with the EPA and the DOJ.

"Exxon knew, and now the world will know."

“Climate risk is an example of a slowly developing and highly uncertain risk—the kind that tests the strength of a board’s oversight and risk governance.”

What was going on at Exxon?

"This peer-reviewed study from Harvard is just the latest piece of evidence indicating that the largest oil company in the world knew about the risks of climate change, but concealed them from the public and shareholders."