Oil Companies Plan to Take the Road Already Traveled
Union of Concerned Scientists
JANUARY 30, 2023
Overstating low carbon investments ExxonMobil pledges to increase its investment in “lower-emission initiatives” to approximately $17 billion through 2027, according to the report. Heat-trapping emissions must be cut in half by 2030 to reach the Paris agreement goal of keeping global warming to 1.5 billion per year.
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