ExxonMobil's Climate Shift: Promise or Greenwashing?

This chapter examines ExxonMobil's new climate policy targeting net-zero emissions by 2050, alongside a 20% reduction target by 2030. It critiques the company's historical reluctance to engage with climate issues and raises concerns about greenwashing in their recent commitments while highlighting discrepancies in their emission reduction strategies. Additionally, the chapter contrasts ExxonMobil's investment strategies with those of European companies, questioning the sustainability of American oil firms’ reliance on government-supported technologies.