ExxonMobil Moves To Reshape Global Climate Accounting
“Pollution is everybody’s business,” Imperial Oil, Exxon’s Canadian affiliate, wrote in a 1970 report, “because essentially all of it results from the activities of men working to satisfy the needs and desires of men.”
Fast forward over a half century and Imperial’s old argument is taking a new form. Today, ExxonMobil is seeking to upend how carbon emissions are accounted for — by changing the rules of the game.
An ExxonMobil-backed initiative, Carbon Measures, is pushing to reshape how the world does the math on climate change. Their system, outside analysts point out, leaves consumers holding the bag.