exxon

Activists Skeptical of Exxon’s Net-Zero Promise

Activists Skeptical of Exxon’s Net-Zero Promise

After pressure from its investors, ExxonMobil has promised to achieve net zero emissions for its operations by 2050. The pledge includes emissions from the company’s oil, gas and chemical production and the energy used to power these operations, Reuters reported.

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    Rex Tillerson to Testify in Exxon Climate Crisis Fraud Case

    Rex Tillerson to Testify in Exxon Climate Crisis Fraud Case

    The case New York State has brought against ExxonMobil for defrauding investors about the the true cost of the climate crisis is in its second week and is seeing a star witness take the stand Wednesday. Rex Tillerson, the company’s former CEO and Trump‘s first secretary of state, will testify about his role in pricing […]

    Exxon Goes on Trial for Lying About the Climate Crisis

    Exxon Goes on Trial for Lying About the Climate Crisis

    The country’s largest fossil fuel company goes on trial today to face charges that it lied to investors about the safety of its assets in the face of the climate crisis and potential legislation to fight it, as the AP reported. The lawsuit against ExxonMobil, the country’s second largest emitter of greenhouse gasses after Chevron, […]

    ExxonMobil Accused of Pressuring Witnesses in Climate Fraud Case

    ExxonMobil Accused of Pressuring Witnesses in Climate Fraud Case

    By Jessica Corbett New York state prosecutors last week accused ExxonMobil of trying to discourage witnesses from testifying against the company in a climate fraud case, leading the head of the environmental group 350.org to declare Thursday that “we won’t be intimidated.” In a statement, May Boeve, the avocacy group’s executive director, also charged that […]

    415 PPM: We Are All Part of Exxon’s Unchartered Climate Experiment Now

    415 PPM: We Are All Part of Exxon’s Unchartered Climate Experiment Now

    By Andy Rowell Earlier this month, we collectively walked into the unknown. We are all now a living experiment. Never before in human history have carbon dioxide levels reached 415 parts per million. These levels were last seen maybe some 2.5 to 5 million years ago, during the Pliocene, but then the earth was much […]

    ‘Victory’: Supreme Court Rejects Exxon’s Appeal, Time to Fork Over Climate Docs

    ‘Victory’: Supreme Court Rejects Exxon’s Appeal, Time to Fork Over Climate Docs

    Massachusetts’ Democratic Attorney General Maura Healey declared “victory” on Monday after the U.S. Supreme Court rejected ExxonMobil’s attempt to derail her office’s probe into whether the fossil fuel giant misled investors and the public about its knowledge of climate change. The justices declined to hear Exxon’s appeal of an April ruling by Massachusetts’ highest court, […]

    Major Investors Pressure Exxon to Set CO2 Reduction Targets

    Major Investors Pressure Exxon to Set CO2 Reduction Targets

    The world’s largest oil company is being pressured by major shareholders to take action on climate change. Institutional investors with an estimated $1.9 trillion under management, led by the New York State Common Retirement Fund (NYSCRF) and the Church Commissioners of England (CCE), filed a shareholder resolution calling on ExxonMobil to set targets for lowering […]