The Guardian: Exxon Mobil says climate change unlikely to stop it selling fossil fuels

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On the same day the world's scientists issued their latest report on climate change and the risks it poses to society, America's biggest oil and gas company said the world's climate policies are "highly unlikely" to stop it from selling fossil fuels far into the future. Exxon Mobil issued a report on Monday on the risks that climate change policies could pose to the value of its assets and future profitability, by coincidence on the same day as the latest paper by the Intergovernmental Panel on Climate Change, a Nobel Prize-winning United Nations group assembled to assess the science and risks of climate change.

Both Exxon and its critics used IPCC research to bolster their cases.

 

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Carbon Asset Risk, Shareholder EngagementArjuna Capitalbig oil, Carbon Asset Risk, climate change, ExxonMobil, fossil fuels, Intergovernmental Panel on Climate Change, Natasha Lamb, shareholder activism, shareholder engagement, shareholder resolutions, The Guardian