ExxonMobil announced a plan to cut greenhouse gas emissions from its operations to “net zero” by midcentury. But that target does not include its main source of emissions: those released when customers burn their oil or gas. It’s seen as incremental progress, but a sign that investors, who’ve long pushed Exxon to start reducing its carbon footprint, are changing the company’s strategy. The World’s environment correspondent Carolyn Beeler reports on what this new target signals from the oil and gas giant.
The article you just read is free because dedicated readers and listeners like you chose to support our nonprofit newsroom. Our team works tirelessly to ensure you hear the latest in international, human-centered reporting every weekday. But our work would not be possible without you. We need your help.
Make a gift today to help us reach our $25,000 goal and keep The World going strong. Every gift will get us one step closer.