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Exxon, Chevron join climate initiative
The Hill ^ | 09/20/18 | Timothy Cama

Posted on 09/20/2018 9:52:27 AM PDT by yesthatjallen

Three of the United States’ largest oil and natural gas companies are joining a major fossil fuel-backed international coalition to battle climate change.

Exxon Mobil Corp., Chevron Corp. and Occidental Petroleum Corp. all announced that they’re joining the Oil and Gas Climate Initiative (OGCI) Thursday, in the lead-up to the major Climate Week event in New York City next week, where the group will have a meeting.

The group was launched in 2014. Initially, United States-based companies avoided the initiative, and it was dominated by foreign companies like BP, Total and Royal Dutch Shell.

“It will take the collective efforts of many in the energy industry and society to develop scalable, affordable solutions that will be needed to address the risks of climate change,” Darren Woods, CEO of ExxonMobil, said in a statement.

“Our mission is to supply energy for modern life and improve living standards around the world while minimizing impacts on the environment. This dual challenge is one of the most important issues facing society and our company.”

Chevron CEO Michael Wirth said the company wants “to work constructively on addressing the risks of climate change.”

OGCI said its membership of 13 companies now accounts for about 30 percent of global oil and gas production.

The group works toward reducing greenhouse gas emissions in oil and gas industry operations and pushing for investments in new technologies that could reduce emissions.


TOPICS: News/Current Events
KEYWORDS: chevron; climatechange; energy; exxon; gasprices; globalwarming; oil
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1 posted on 09/20/2018 9:52:27 AM PDT by yesthatjallen
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To: yesthatjallen

unbelievable- capitulating to the LYING enemy-


2 posted on 09/20/2018 9:53:35 AM PDT by Bob434
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To: yesthatjallen

Cowards. You won’t find many CEOs who will take the heat to stand up for what is right.


3 posted on 09/20/2018 9:53:42 AM PDT by Pining_4_TX (..Do not be frightened, and do not be dismayed, for the Lord your God is with you.. Joshua 1:9)
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To: yesthatjallen
Formulating the amount of jizra needed to keep the commies quiet.
4 posted on 09/20/2018 9:57:32 AM PDT by deadrock
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To: yesthatjallen

It’s called the protection racket.


5 posted on 09/20/2018 9:57:38 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: Pining_4_TX

They’ll raise prices “for the good of the ecosystem”.


6 posted on 09/20/2018 9:58:36 AM PDT by laplata (Leftists/Progressives have diseased minds.)
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To: All

These idiots believe that this will buy some kind of absolution from the dems?


7 posted on 09/20/2018 10:00:04 AM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: laplata

Yep, and that is what the dimwits in our electric utility are doing in our state. They are on a quest for 100% renewable energy from wind. It really ticks me off.


8 posted on 09/20/2018 10:01:08 AM PDT by Pining_4_TX (..Do not be frightened, and do not be dismayed, for the Lord your God is with you.. Joshua 1:9)
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To: yesthatjallen

This is the end result of 10 years of Obama-Holder shakedown for $$$.
“Do what we tell you or it will cost you trillions in legal fees and fines”
After 50 years, they are still going after Asbestos exposure.
Anyone effected is long dead.


9 posted on 09/20/2018 10:04:42 AM PDT by Zathras
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To: yesthatjallen
Rex Tillerson of Exxon fame was a big oil guy. What changed him was Exxon's acquisition of a huge portfolio of natural gas resources which Exxon pretty much just lucked into.

Tillerson figured that "global warming" was a good way to market natural gas. So overnight Tillerson went over to the other side and became a "global warming greenie". It was cynical as hell. It was a marketing ploy to peddle natural gas.
 

10 posted on 09/20/2018 10:06:55 AM PDT by Governor Dinwiddie ("Nature, Mr. Allnut, is what we are put in this world to rise above.")
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To: yesthatjallen

Political hedging. It’s what you do.


11 posted on 09/20/2018 10:08:50 AM PDT by jimfree (My18 y/o granddaughter continues to have more quality exec experience than an 8 year Obama.)
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To: Pining_4_TX

MBA programs have been infiltrated by SJW’s.

They might as well just hand the keys to Socialist mobs right now.


12 posted on 09/20/2018 10:10:15 AM PDT by Buckeye McFrog
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To: yesthatjallen

They are trying to avoid the multibillion dollar class action lawsuits the left keeps courtroom shopping in California and New York.


13 posted on 09/20/2018 10:25:13 AM PDT by a fool in paradise
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To: Pining_4_TX

With all the corn in your state of Iowa, you’ve also seen the fiasco that caused when used for fuel.


14 posted on 09/20/2018 10:33:17 AM PDT by laplata (Leftists/Progressives have diseased minds.)
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To: Zathras

The big oil guys remember what Obama did to B P.


15 posted on 09/20/2018 10:35:58 AM PDT by Texas resident (Democrats=Enemy of People of The United States of America)
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To: Buckeye McFrog

MBA programs have been infiltrated by SJW’s.

They might as well just hand the keys to Socialist mobs right now.

><

Excellent point.

And those MBA grads wouldn’t know how to properly manage a convenience store.....or lemonade stand.


16 posted on 09/20/2018 10:36:29 AM PDT by laplata (Leftists/Progressives have diseased minds.)
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To: yesthatjallen

PR stunt, nothing more.


17 posted on 09/20/2018 11:09:32 AM PDT by Jack Hammer
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To: yesthatjallen

Say what?!?


18 posted on 09/20/2018 11:28:29 AM PDT by bgill (CDC site, "We don't know how people are infected with Ebola.")
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To: Bob434

Of course it is all lip service but still a capitulation. The duty of a corpporattion is to serve the interests of shareholders not the public at large. Hard to have sympathy will companies that do this.


19 posted on 09/20/2018 12:43:14 PM PDT by Sam Gamgee
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To: Sam Gamgee

remember Rex Tillerson wanted to stay in Paris. nothing new. they’re all in the gloBULL warming scam together.

watch out for the pension funds getting raided.


20 posted on 09/20/2018 6:40:34 PM PDT by MAGAthon (O)
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