Attorney General Eric T. Schneiderman has subpoenaed documents from Exxon Mobil following reports the oil giant funded — and then suppressed — research exposing the risks of climate change decades ago.
The oil and gas industry’s top trade groups doggedly insist that Congress must completely scrap a federal mandate that forces gasoline makers to blend in ethanol and other renewable fuels. But not all oil companies are on board.
Apparently, it’s lonely at the top. “It’s not easy being us,” said Exxon Mobil’s top lobbyist today after he was asked about a critical ad campaign and a push to strip universities of their fossil fuel investments.
Natural gas and nuclear power could help meet a surging demand for electricity across the globe over the next three decades as growing environmental concerns and costs start to price coal out of the market, Exxon Mobil predicted today.
A government report that depicted a majority of oil and gas leases as idle is misleading at best and leaves out a lot of realities, says the industry. But neither side is innocent of leaving out context to score points with the general public.
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