Exxon sees limited impact on business from climate policies
DALLAS - Exxon Mobil says in a new report that policies to combat climate change won't have much effect on its business and demand for fossil fuels will remain strong for decades.
The company does acknowledge, however, that some of its most costly oil and gas reserves might not be developed.
Exxon's report, issued Friday, comes in response to pressure from shareholders who voted last May to urge the company to issue a report on the matter every year.
The shareholders fear that policies to limit heat-trapping carbon emissions will hurt Exxon's business of drilling for oil and natural gas.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
District Court Judge Christopher Dassau found dead after welfare check Sunday
Semi-truck fire leaves right two lanes on eastbound I-12 blocked Sunday afternoon
Louisiana Marathon kicks off Saturday with 5K race
Iberville deputy involved in crashes on I-10 Sunday morning; all lanes now...
Snow flurries in Gonzales, LA - Jacob Templet
Gage Larvadain staying busy while doing two sports at Southeastern
Southeastern downs Tougaloo 77-72 for fourth straight win
Kevin Faulk recounts glory days and trying times
Liberty edges Madison Prep in electric atmosphere 58-53
Dorian Booker growing into body, new role with Scotlandville