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.
unbelievable- capitulating to the LYING enemy-
Cowards. You won’t find many CEOs who will take the heat to stand up for what is right.
It’s called the protection racket.
They’ll raise prices “for the good of the ecosystem”.
These idiots believe that this will buy some kind of absolution from the dems?
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.
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.
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.
Political hedging. It’s what you do.
MBA programs have been infiltrated by SJW’s.
They might as well just hand the keys to Socialist mobs right now.
They are trying to avoid the multibillion dollar class action lawsuits the left keeps courtroom shopping in California and New York.
With all the corn in your state of Iowa, you’ve also seen the fiasco that caused when used for fuel.
The big oil guys remember what Obama did to B P.
MBA programs have been infiltrated by SJW’s.
They might as well just hand the keys to Socialist mobs right now.
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Excellent point.
And those MBA grads wouldn’t know how to properly manage a convenience store.....or lemonade stand.
PR stunt, nothing more.
Say what?!?
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.
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.
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