A new study of ExxonMobil's (NYSE: XOM) own climate change projections offers fresh evidence that the oil giant’s models accurately forecast global warming even as it publicly sowed doubt about the crisis.
ExxonMobil (NYSE:XOM) and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.
Supermajor ExxonMobil (NYSE:XOM) has lent its backing to a new decarbonisation cluster proposed on England’s south coast, which could see up to 3 million tonnes of CO2 stored per year.
A Dartmouth study calculates the economic impacts of climate change and warming from greenhouse gas emissions (GHGs) by individual countries. Not only did it identify $6 trillion in damages from five countries over 25 years; it calculated that damages from the US and China are responsible for $1.8 trillion in annual losses over the same period. The same methodology could be used to calculate the economic impact of individual companies.