Exxon Doesn’t Think the World Is Serious About Reducing Emissions ...Middle East

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Exxon Doesn’t Think the World Is Serious About Reducing Emissions
ExxonMobil is betting that the world will use about as much oil in 2050 as it does now, or maybe even more. Despite a scorching summer and drumbeat of worrying stories about just how hot the planet is getting, climate hasn’t been a major topic of conversation in the U.S. election cycle. The United States is still ostensibly committed to doing its part to reduce emissions by 50 percent below 2030 levels by 2030—the pledge it made under the Paris Climate Agreement—but few experts expect that to happen. Models from the Intergovernmental Panel on Climate Change (IPCC) suggest that oil use would need to fall to 65 million barrels per day in 2050 in order to meet the Paris Agreement’s goal of limi

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