Exxon says world set to fail 2°C global warming cap by 2050

3 years ago by Espiritdescali to c/futurology

Oil and natural gas are still projected to meet more than half of the world’s energy needs in 2050, or 54%, Exxon Mobil Corp said on Monday, with the world failing to keep global temperature increases below 2 degrees Celsius.

Someguy89 59 points 3 years ago

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FrankLaskey 26 points 3 years ago

Congrats Exxon! You did it!

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Mannimarco 25 points 3 years ago

I assume they're happy about that

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Phanatik 4 points 3 years ago

What do you mean the Earth is getting hotter? My Air Conditioning is working fine!

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Manifish_Destiny 19 points 3 years ago

I assume they're lying about how soon.

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Syl 4 points 3 years ago

Yep, most likely 2040.

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MushuChupacabra 12 points 3 years ago

Well they oughta know.

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TheBlue22 5 points 3 years ago

When will we start executing executives who made this happen?

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Ni 4 points 3 years ago

Well yes, I wonder if they had a plan beyond the statement.

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Ni 10 points 3 years ago

Exxon produces less than 3% of the world's daily crude demand and in May its shareholders overwhelmingly rejected calls for stronger measures to mitigate climate change.

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anonionfinelyminced 12 points 3 years ago

"It's those darn shareholders! Our hands are tied!"

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Ni 3 points 3 years ago

Seems like the reasoning they are going with. Really we need to make it somehow more profitable to do the right/climate focused things.

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Sabata11792 1 point 3 years ago

I would say they are planning on paying Congress to increase the cap. Not that we will survive till 2050