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Exxon sets new emissions goals for 2030

Exxon sets new emissions goals for 2030

Ben Geman of Axios reports on Exxon’s new emissions goals.

The C3 Take
  • 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%.”

Read the full article here.

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