Quake questions
Unlike Oklahoma, Texas is not increasing its oversight of the disposal of drilling wastewater.
Two days after Donald Trump won the White House, Exxon Mobil official Suzanne Mc Car ron made clear the oil giant’s position on climate change.
In a tweet Thursday, she wrote ,“The Paris agreement is an important step forward by governments in addressing the serious risks of #ClimateChange.”
Trump made waves on the campaign trail vowing to “cancel” U.S. involvement int hep act, which was agreed toby close to 200 world leaders in Paris almost 12 months ago. And since Trump’s victory in Tuesday’s election, Republicans have cheered a quick end for President Ba rack O ba ma’ s efforts to reduce greenhouse gas emissions.
But it doesn’t look like Exxon Mobil, a steady GOP donor, is onboard.
McCarron, the oil giant’s vice president of public and government affairs, linked to a statement that appeared to be written last week when the company comm ended officials for the “entering into force” of the climate deal.
“The Paris agreement and the initial Intended Nationally Determined Contributions( IND Cs) pledged byits signatories reflect the dual challenge of minimizing greenhouse gas emissions while ensuring the world has adequate access to affordable and reliable supplies of energy,” the statement read.
Investors have increasingly speculated that oil companies could face a dire financial future as world governments work to reduce greenhouse gas emissions. Major oil companies like Exxon Mobil and BP are advocating for countries to clear upthe uncertainty and put carbon regulations in place.
Under the Paris agreement, countries would dramatically we en themselves off fossil fuels over the remainder of the century toward limiting a rise in global temperatures to no more than 2 degrees Celsius.