{"id":2183,"date":"2020-12-14T22:05:22","date_gmt":"2020-12-14T22:05:22","guid":{"rendered":"https:\/\/www.radiofree.org\/?p=139297"},"modified":"2020-12-14T22:05:22","modified_gmt":"2020-12-14T22:05:22","slug":"grossly-insufficient-exxonmobil-lambasted-over-emissions-reduction-plan-that-pledges-no-reduction-in-absolute-emissions","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2020\/12\/14\/grossly-insufficient-exxonmobil-lambasted-over-emissions-reduction-plan-that-pledges-no-reduction-in-absolute-emissions\/","title":{"rendered":"‘Grossly Insufficient’: ExxonMobil Lambasted Over Emissions Reduction Plan That Pledges No Reduction in Absolute Emissions"},"content":{"rendered":"
ExxonMobil’s Monday announcement of new targets for addressing greenhouse gas emissions was met with derision by climate advocates who called the plan “too little, too late.”<\/p>\n
The targets cover the next five years, include “input from shareholders,” and\u2014according to the fossil fuel company\u2014are in line with the goals of the Paris climate accord.<\/p>\n
While some aspects of the plan, like a reduction in “flaring<\/a>” of natural gas, were welcomed<\/a>, others, like Exxon’s goal of reducing emissions intensity\u2014not absolute emissions\u2014came in for sharp scrutiny.<\/p>\n According to<\/a> Reuters,<\/em><\/p>\n Exxon said it would start reporting so-called Scope 3 emissions in 2021, a large category of greenhouse gases emitted from fuels and products it sells to customers, such as jet fuel and gasoline.<\/p>\n By 2025, Exxon would reduce the intensity of its oilfield greenhouse gas emissions by 15% to 20% from 2016 levels. It did not set an overall emissions target, however, and reducing intensity means that emissions still could rise if oil and gas output grows.<\/p>\n The reduction would be supported by a 40%-50% decrease in methane intensity and a 35%-45% decrease in flaring intensity across Exxon’s global operations, with routine natural gas flaring eliminated within a decade, the company said.<\/p>\n<\/blockquote>\n Youth-led climate group Sunrise Movement declared the targets “grossly insufficient” and took the company to task for not announcing an end to “exploration or extraction” or “lobbying against climate action.”<\/p>\n Oil company executives (this you, @exxonmobil<\/a>?) say they want to be a part of the solution.<\/p>\n Just not if doing so requires getting in the way of their profits <\/p>\n No planned end to: Grossly insufficient indeed. pic.twitter.com\/qXLwIK83mv<\/a><\/p>\n \u2014 Sunrise Movement (@sunrisemvmt) December 14, 2020<\/a><\/p><\/blockquote>\n<\/div>\n\n
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exploration or extraction
lobbying against climate action<\/p>\n