Lawyers for New York State and Exxon Mobil Corp. delivered closing arguments in a closely watched trial accusing the oil company of hiding from investors the true cost of addressing climate change.
Preliminary text of agreement calls on lender to stop funding projects.
Many oil and gas companies, particularly the majors, have publicized their efforts to be good stewards of the environment, particularly on climate change.
Withdrawal fulfills president’s promise to limit red tape; EU and environmental groups express dismay.
Combining technology and engineering produces efficiency in emissions management.
Industry leaders are making responsible energy development a priority.
Critics say pullout will weaken leadership during global transition to cleaner energy sources.
The Massachusetts Institute of Technology (MIT) and Eni have renewed their low-carbon energy research collaboration on Oct. 18 by extending Eni’s tenure as a founding member of the MIT Energy Initiative (MITEI) through 2023.
Given that the world will rely on fossil fuels for decades, even with the most stringent government policies to reduce energy use, oil companies face their own climate emergency. How can they retain social legitimacy?