NewEnergyNews: MORE OIL COMPANY DUPLICITY ON CLIMATE CHANGE

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    Founding Editor Herman K. Trabish

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  • TODAY AT NewEnergyNews, July 18:

  • ORIGINAL REPORTING: Is cap and trade the climate solution? The jury's still out
  • ORIGINAL REPORTING: Why are the newest distribution system buzzwords 'hosting capacity analysis'?

    Thursday, July 09, 2015

    MORE OIL COMPANY DUPLICITY ON CLIMATE CHANGE

    Exxon knew of climate change in 1981, email says – but it funded deniers for 27 more years; A newly unearthed missive from Lenny Bernstein, a climate expert with the oil firm for 30 years, shows concerns over high presence of carbon dioxide in enormous gas field in south-east Asia factored into decision not to tap it

    Suzanne Goldenberg, 8 July 2015 (The Guardian)

    “ExxonMobil, the world’s biggest oil company, knew as early as 1981 of climate change…Despite this the firm spent millions over the next 27 years to promote climate denial…[T]he company was aware of the connection between fossil fuels and climate change, and the potential for carbon-cutting regulations that could hurt its bottom line…[and, according to a newly revealed email, factored] that knowledge into its decision about an enormous gas field…[off the coast of Indonesia which was] an immense reserve of natural gas, but was 70% CO2]… Exxon’s public position was marked by continued refusal to acknowledge the dangers of climate change, even in response to appeals from the Rockefellers, its founding family…Over the years, Exxon spent more than $30m on think tanks and researchers that promoted climate denial…[Exxon now says it] acknowledges the risk of climate change and does not fund climate change denial groups…The White House and the National Academy of Sciences came out with reports on climate change in the 1970s, and government scientific agencies were studying climate change in the 1960s…” click here for more

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