Oil Companies Plan to Take the Road Already Traveled
Union of Concerned Scientists
JANUARY 30, 2023
Heat-trapping emissions must be cut in half by 2030 to reach the Paris agreement goal of keeping global warming to 1.5 Instead, ExxonMobil prefers a method called the Life Cycle Approach, which gives credit for “negative emissions” technologies like CCS and reforestation. 2023 will be a crucial juncture in a long, bumpy trip.
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