Maura Healey, attorney general of Massachusetts and ExxonMobil are locked in a fierce legal battle. Healey says ExxonMobil knew of the connection between climate change and foosil fuels 40 years ago but lied to cover up its knowledge.
Browsing the "ExxonMobil" Tag
ExxonMobil CEO Rex Tillerson is scheduled to be deposed on January 19 by lawyers representing 21 young plaintiffs. The suit will attempt to establish what the company knew about the relationship between fossil fuels and global warming and when.
A recent survey says 43% of Californians are considering buying or leasing an electric car by 2025. The majority think car companies are not really committed to EVs and would rather sell big trucks.
Climate activist James Hansen and 11 other scientists have written a report that claims pollution levels in the atmosphere are rising faster than expected and urgent action is needed to avoid disastrous effects from climate change.
ExxonMobil says it now favors a carbon tax, but one that will not alter its bottom line. It’s progress, but only barely so.
ExxonMobil saw its Q1 profits dip 63% from last year, but it still approved a record shareholder dividend. Should we be worried?
influenceMap.org charts how much money fossil fuel companies like ExxonMobil and Shell spend every year to distort the climate change debate.
A Deutsche Bank analyst says electric cars will cost less than conventional cars within 10 years. Is he right?
Investment in big oil companies like ExxonMobil has long been considered a “sure thing” but that may soon change because of something called “stranded carbon asset risks”.
On Friday morning, November 22, an underground oil pipeline running through the Chinese port city of Qingdao began leaking, prompting its shutdown. Initial reports state that the underground pipeline exploded shortly after the shut down (at approximately…
Make private companies happy. Don’t worry about the environment. Stop fretting about long-term sustainability. Forget renewables, property concerns, the safety of our water and air. Make private companies happy. This was the 43rd president’s message…
Remember the pop quiz? When you were a kid, one of your biggest fears was the pop quiz – an unannounced, spur-of-the-moment test that your teacher decided to lob your way. If you’d studied closely, you might be fine. If you hadn’t, this was your moment of reckoning. Pop quizzes exist in the corporate world, […]
On March 29th, ExxonMobil’s Pegasus oil pipeline ruptured, pouring (what ExxonMobil said was) 200,000 gallons of oil into Mayflower, Arkansas. Now, months later, the residents of Mayflower are trying to sift through the lies and misinformation to find out exactly what’s happened to them, and what – of anything – they’ll be able to do about it.
According to a report published by ExxonMobil called Outlook For Energy: A View To 2040, diesel will overtake gasoline as the number one fuel by the year 2020, which is only 7 years away.
[social_buttons] ExxonMobil has been slow to invest in biofuels. Actually, until now, they have not invested in them at all while their competitors have spent the last year making what they hope are strategic investments. Well, slap me silly, but today ExxonMobil announced a $600 million investment with J. Craig Venter (best known for mapping […]
Today, the oil industry has become a player in the auto industry. ExxonMobil is launching the Maya 300, a lithium-ion battery powered car that can drive up to 120 miles on one charge yet has the look and feel of a gasoline-powered car. [social_buttons] This announcement comes on the heels of a whirlwind of investments […]