We believe that carbon emissions will plateau and start to decrease starting around 2030 as energy efficiency spreads and as various carbon-reduction policies are enacted around the world.
Energy is the foundation for modern life and the gateway to opportunity and development for developing nations.
With a commitment to helping address this important societal challenge, ExxonMobil has continuously, publicly and openly researched and discussed the risks of climate change, carbon life cycle analysis and emissions reductions.
ExxonMobil is a responsible participant in the discussion on climate change – we will continue to research the issue, support energy efficiency, work to reduce emissions, pursue new technologies and advocate for effective policy approaches.
Society faces a dual energy challenge: We need to expand energy supplies to support economic growth and improve living standards, and we must do so in a way that is environmentally responsible.
Over the next few decades, population and income growth – and an unprecedented expansion of the global middle class – are expected to create new demands for energy.
At ExxonMobil, we are dedicated to reducing emissions from our own operations. This is one of the most important elements in the shared effort to mitigate the risks of climate change.
One of the greatest opportunities for society to reduce GHG emissions is through the use of natural gas in power generation.