US Big Oil Joins European Counterparts To Battle Climate Change
Exxon Mobil, Chevron join climate initiative
By Timothy Cama - 09/20/18 12:02 PM EDT
Three of the United States’ largest oil and natural gas companies are joining a major fossil fuel–backed international coalition to battle climate change.
Exxon Mobil Corp., Chevron Corp. and Occidental Petroleum Corp. all announced that they’re joining the Oil and Gas Climate Initiative (OGCI) Thursday, in the lead-up to the major Climate Week event in New York City next week, where the group will have a meeting.
The group was launched in 2014. Initially, United States–based companies avoided the initiative, and it was dominated by foreign companies like BP, Total and Royal Dutch Shell.
“It will take the collective efforts of many in the energy industry and society to develop scalable, affordable solutions that will be needed to address the risks of climate change,” Darren Woods, CEO of Exxon Mobil, said in a statement.
“Our mission is to supply energy for modern life and improve living standards around the world while minimizing impacts on the environment. This dual challenge is one of the most important issues facing society and our company.”
Chevron CEO Michael Wirth said the company wants “to work constructively on addressing the risks of climate change.”
The OGCI said its membership of 13 companies now accounts for about 30 percent of global oil and gas production.
The group works toward reducing greenhouse gas emissions in oil and gas industry operations and pushing for investments in new technologies that could reduce emissions.
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Replies to This Discussion
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Permalink Reply by Max on -
Hum, might persuade some people to change their minds, but I doubt it. Most of the people who argue against climate change are putting their faith into about one precent of the scientific community instead of the other 99%. They wouldn't dare do that with anything else. "You have a 1% chance of living if you jump off this mountain." Climate change is a political issue and political issues are not subject to reasonable thought.
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Permalink Reply by Skip Peel - Mineral Consultant on
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Yes, it is an all too slow process but I do think that the number of deniers is shrinking. Even deniers start to waffle when they get hit by a Harvey or a Florence. In Delcambre, LA the town baseball field floods at some high tides, no storm. Even the stubborn have their limits.
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Permalink Reply by Max on
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Skip, I just finished a great book "The Gulf, the making of an American Sea" by Jack Davis. He discusses some of those issues facing the State of Louisiana. I didn't know how important the Gulf of Mexico was to this county. The gulf has brought untold wealth to many in this nation, and Louisiana stands out as one of the only places in the world that can produce what it has.
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Permalink Reply by Skip Peel - Mineral Consultant on
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Thanks, Max. I'll check it out as soon as I finish reading "Fear: Trump in the White House".
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Permalink Reply by John Matherne on
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The Title should read Fear: If Hillary was in the White House.
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Permalink Reply by Skip Peel - Mineral Consultant on
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I don't think so. In fact I think there is no politician of either party that would have screwed up as many issues and caused as much harm as DJT. But then again, he is neither a R or a D in his approach to issues. There is no rhyme or reason to much of what he does. Impulse and delusion rule his governance.
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Permalink Reply by David Crockett on
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I agree with you John.
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