Climate Changed
Exxon and Conoco Reiterate Support for Paris Climate Deal
- Better to have a seat at the global table, companies say
- Oil demand to grow even with agreement in place, Woods says
Trump Said Leaning Towards Leaving Paris Climate Accord
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President Donald Trump faces some unlikely opposition to the idea of pulling the U.S. out of the 2015 Paris climate accord: Exxon Mobil Corp. and ConocoPhillips, two of the world’s biggest oil producers.
Both companies reiterated their support Wednesday for the global agreement to cut greenhouse gas pollution amid reports that Trump planned to ditch a pact he says hurts the U.S. economy. Their argument: The U.S. is better off with a seat at the table so it can influence global efforts to curb emissions that are largely produced by the fossil fuels they profit from.
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Exxon and Conoco Reiterate Support for Paris Climate Deal