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Climate Change and the Oil Industry
The American Patrol Leave Institute had established a committee to monitor the evolving field of climate science. They came to the inevitable scientific conclusion that, quote, globally catastrophic effects would be evident by the middle of the 21st century if fossil fuel production wasn't halted. In 1977, one of Exxon's senior scientists spoke to a gathering of oil industry executives. He warned them of a general scientific agreement that the use of fossil fuels was changing the climate. By the 1980s, the early signs of climate change had become very noticeable and the newly formed oil titans of the day,. Exxon and Shell launched internal assessments to predict the impact of fossil fuels on the global climate.