Tuesday, 19 Nov 2024

Oil firms have internally dismissed swift climate action, House panel says

Oil firms have internally dismissed swift climate action, House panel says


Oil firms have internally dismissed swift climate action, House panel says
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Exxon, like most other large oil firms, has said it backs the Paris climate accords, where governments agreed to not allow the global temperature to rise 1.5C or more above pre-industrial times to help avoid worsening heatwaves, droughts, floods and other disastrous impacts.

Privately, however, these companies downplayed any need to scale down their fossil fuel activity and even to ramp it up, the committee found.

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