Why did ExxonMobil lie about climate change?

Why did ExxonMobil lie about climate change?

ExxonMobil funded organizations critical of the Kyoto Protocol and sought to undermine public opinion about the scientific consensus that global warming is caused by the burning of fossil fuels.

What did Exxon lie about?

Exxon CEO accused of lying about climate science to congressional panel. The chief executive of ExxonMobil, Darren Woods, was accused of lying to Congress on Thursday after he denied that the company covered up its own research about oil’s contribution to the climate crisis.

What is ExxonMobil doing about environmental issues?

ExxonMobil will continue to focus our efforts on providing the energy the world needs, while simultaneously addressing the risk of climate change by reducing our emissions, helping consumers reduce theirs, and advancing research to find new low-emissions technologies for the future.

How do oil companies contribute to climate change?

“Whenever you burn conventional fuel,” Teller explained, “you create carbon dioxide. … Its presence in the atmosphere causes a greenhouse effect.” If the world kept using fossil fuels, the ice caps would begin to melt, raising sea levels. Eventually, “all the coastal cities would be covered,” he warned.

How long did fossil fuel companies know about climate change?

A new study suggests that the company knew at least 50 years ago that there was a link between burning fossil fuels (coal, natural gas and oil) and global warming.

How long has big oil known about climate change?

The fossil fuel industry was first warned about climate change back in 1959 by famed physicist Edward Teller, known as “the father of the hydrogen bomb.” Throughout the ’60s and ’70s, oil and gas companies continued to gather evidence that burning fossil fuels was going to change the planet, perhaps even …

What were the unethical practices that were accused of the Exxon company?

Exxon Is On Trial, Accused Of Misleading Investors About Risks Of Climate Change New York’s attorney general argues that Exxon used shady methods of calculating carbon costs, affecting its share price and defrauding shareholders.

What does ExxonMobil lobby for?

Exxon Mobil has been lobbying against parts of Democrats’ big social and climate spending bill. Exxon Mobil has been lobbying against pieces of a sprawling Democratic budget bill aimed at boosting working-class families and fighting climate change.

When did oil companies know about climate change?

In 1986, Dutch oil company Shell finished an internal report nearly 100 pages long, predicting that global warming from fossil fuels would cause changes that would be “the greatest in recorded history,” including “destructive floods,” abandonment of entire countries and even forced migration around the world.

Is ExxonMobil ethical?

ExxonMobil strives to uphold high ethical standards at all times and in all aspects of our business. Our Standards of Business Conduct set the ethical conduct expectations for our corporation and majority-owned subsidiaries.

Is Exxon environmentally friendly?

Climate solutions ExxonMobil is committed to helping transform our energy systems and working to reduce emissions in the short-term while also working on advancing decarbonization solutions.

What is the major cause for climate change?

Human activity is the main cause of climate change. Carbon dioxide is the main cause of human-induced climate change. It stays in the atmosphere for a very long time. Other greenhouse gases, such as nitrous oxide, stay in the atmosphere for a long time.