Dear Oil and Gas CEOs: Here’s How You Should Spend Those Record Profits
Union of Concerned Scientists
JULY 29, 2022
That requires bringing global energy-related carbon dioxide emissions to net zero by 2050. In a January 2022 report on its climate plans, ExxonMobil pledged to direct $15 billion toward emission reduction efforts over the next six years, but that $15 billion breaks down to $2.5 degrees Celsius above pre-industrial levels.
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