16 January 2007

Is Exxon changing its evil ways?

I have been no fan of the Exxon Corporation ever since it so grossly mishandled the Exxon Valez oil spill. But no one is all bad or all good. And now, according to an article from MSNBC, Exxon is taking steps to cut its ties to global warming skeptics.

Some excerpts:
Oil major Exxon Mobil Corp. is engaging in industry talks on possible U.S. greenhouse gas emissions regulations and has stopped funding groups skeptical of global warming claims -- moves that some say could indicate a change in stance from the long-time foe of limits on heat-trapping gases.

Exxon, along with representatives from about 20 other companies, is participating in talks sponsored by Resources for the Future, a Washington, D.C., nonprofit. The think tank said it expected the talks would generate a report in the fall with recommendations to legislators on how to regulate greenhouse emissions.
and
"The fact that Exxon is trying to debate solutions, instead of whether climate change even exists, represents an important shift," said Andrew Logan, a climate expert at Ceres, a coalition of investors and environmentalists that works with companies to cut climate change risks.
[Read the complete story.]

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