Exxon Cutting Ties to Global Warming Skeptics
Oil major Exxon Mobil Corp. is engaging in industry talks on possible U.S. greenhouse gas emissions regulations, a move experts said could indicate a change in stance from the long-time foe of limits on greenhouse emissions.
Exxon, along with representatives from about 20 other companies, is participating in talks sponsored by Washington, D.C. nonprofit Resources for the Future. 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.
Mark Boudreaux, a spokesman for Exxon, the world's biggest publicly traded company, said its position on climate change has been "widely misunderstood and as a result of that, we have been clarifying and talking more about what our position is."
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