Dear Oil and Gas CEOs: Here’s How You Should Spend Those Record Profits
Union of Concerned Scientists
JULY 29, 2022
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 billion per year—less than 2 percent of ExxonMobil’s annual revenue, and far less than its profits from just the last three months.
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