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Ben Geman of Axios reports on Exxon’s new emissions goals.
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- Exxon will aim to cut emissions per unit of output by 20-30%.
- The oil giant has also recently announced that it will spend $15 billion over the next six years on low carbon technologies such as carbon capture and hydrogen.
- Private sector innovation is unlocking new pathways to a clean energy future.
“Intensity doesn’t measure total greenhouse gas emissions, but Exxon expects the combined targets to reduce absolute emissions by roughly 20%.”
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