Exxon has a well-established history of misleading the public and investors about the risks of climate change, and is involved in a number of lawsuits from cities and counties over it.
“Any company that fails to keep pace with what science demands threatens its future while endangering the rest of us with escalating climate impacts and systemic risks to the global economy.”
The company’s professed support for a carbon tax is a disingenuous public relations ploy to delay government action.
“Big Oil has fallen. Our job is to make sure they don't take us down with them.”
With the current crisis and Exxon and the American Petroleum Institute apparently working against the shale industry, it probably won't be a long wait until shale is just a bunch of “ghosts or zombies.”
Climate activists have hailed the decision as a landmark victory for climate justice.
“Public concern regarding environmental problems is being translated into legislation rapidly.”
“Through the 2000s and 2010s, ExxonMobil used proxies, employed other indirect means, and itself continued to make statements that cast doubt on the role of fossil fuels in causing climate change.”
Their collective response to climate science? To emphasize uncertainty and keep fossil fuels flowing.