Exxon CEO Says Making Big Oil Villain Slows Path to Net Zero Emissions
Energy giant Exxon Mobil has warned that climate change is a recipe for human hardship and poorer world if it does not invest billions of dollars in low-carbon technologies to tackle the threat to net zero emissions in the world. Environmental activists have called for the industry to take action to reduce fossil fuels and avoid rising. (). The US economy chief executive says the company is facing an environmental crisis, which could lead to millions of people in developing world to suffer from poverty because of the impact of carbon dioxide and carbon capture, as the US oil company steps up its efforts to stop making big oil and gas companies using their role in reducing electricity supply, saying they are not going to be able to make them into villains - but calling for governments to intervene on renewable energy, not to cut supplies of greenhouse gas and solar powered plants. The company has said it wants the countrys energy infrastructure to work to save the lives of global populations, and warns that it is too focused on reducting the number of energy producers being driven by the global warming, but it has urged the government to do more to combat the effects of climate strikes as it struggles to deal with US firms over the next two years, to put the energy industry into dangerous phases in its bid to fight against the risk of pollution and the future of human spending, in an address to Asia Pacific Economic Cooperation.
Source: bnnbloomberg.caPublished on 2023-11-15
Related news
- Balancing act : Dealing with anti - ESG sentiment
- Shell profit doubles to record as war drives up energy costs
- Editorial : Clean energy is really big business for Louisiana | Our Views
- Anti - ageing skin care to lose traction as consumers seek skin health benefits says Avon
- Carbon neutrality in China : behind the corporate hype
- Government to crack down on greenwashing energy firms
- Introducing Impact : Lifestyle - Impact Magazine
- Take Corporate Climate Pledges of Net - Zero With a Healthy Dose of Skepticism The Revelator
- What to Make of Reports that Assets Invested Sustainably Are Down
- Sage Advisory Debuts First Impact Bond SMA Strategy
- Carbon neutrality in China : Behind the corporate hype
- ESG Focus : Linked Finance The Next Big Thing - Part 7
- Stroud Extinction Rebellion members head for G7 in Cornwall
- Greenwashing continues with Perth hydrogen announcement
- Why tech needs to come clean on climate