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Exxon Business Ambition Collided with Climate Change Under a Distant Sea | InsideClimate News inside ^ climate „ newsi home about contact tips whistleblowers awards subscribe donate f w ^ News Investigations Topics Today's Climate Clean Economy Documents Infographics A Pulitzer Prize-winning, non-profit, non-partisan news organization dedicated to covering climate change, energy and the environment. HOME EXXON: THE ROAD NOT TAKEN 0 2 Exxon's Business Ambition Collided with Climate Change Under a Distant Sea Cast of Characters Throughout the 1980s, the company struggled to solve the carbon problem of one of the biggest gas fields in the world out of concern for climate impacts. BY NEELA BANERJEE & LISA SONG oct 8, 2015 EÔN RESEARCH AND ENQINCCRWC COMPANY Explore the Exxon Documents ABOUT THIS SERIES https://insideclimatenews.org/news/08102015/Exxons-Business-Ambition-Collided-with-Climat&-Change-Under-a-Distant-Sea App. 539 After eight months of investigation, InsideClimate News presents this multipart history of Exxon's
8/1/2016 Exxon Business Ambition Collided with Climate Change Under a Distant Sea | InsideClimate News After Exxon got the rights to develop the Natuna gas field, company researchers determined that the project site was contaminated with much more carbon dioxide than normal. This picture is from one of the company's documents exploring how to address the carbon dioxide issue. 30m Mixed Layer In 1980, as Exxon Corp. set out to develop one of the world's largest deposits of natural gas, it found itself facing an unfamiliar risk: the project would emit immense amounts of carbon dioxide, adding to the looming threat of climate change. The problem cropped up shortly after Exxon signed a contract with the Indonesian state oil company to exploit the Natuna gas field in the South China Seabig enough to supply the blossoming markets of Japan, Taiwan and Korea with liquefied natural gas into the 21st century. engagement with the emerging science of climate change. The story spans four decades, and is based on primary sources including internal company files dating back to the late 1970s, interviews with former company employees, and other evidence, much of which is being published here for the first time. It describes how Exxon conducted cutting-edge climate research decades ago and then, without revealing all that it had learned, worked at the forefront of climate denial, manufacturing doubt about the scientific consensus that its own scientists had confirmed. Find the entire project here. Assessing the environmental impacts, Exxon Research and Engineering quickly identified Natuna's greenhouse gas problem. The reservoir was contaminated with much more carbon dioxide than normal. It would have to be disposed of somehow—and simply venting it into the air could have serious consequences, Exxon's experts warned. E/ÔN RCSLARCM fiUO INGI.SLtflINO COMPANY How We Got The Exxon Story - *7 11 ' Exxon's dawning realization that carbon dioxide and the greenhouse effect posed a danger to the world collided with the company's fossil fuel ambitions. App. 540 https://insideclimatenews.org/news/08102015/Exxons-Business-Ambition-Collided-with-Climate-Change-Under-a-Distant-Sea 2/11
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COMMONWEALTH OF MASSACHUSETTS SUFFO
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9 Exxon webpage, Meeting global nee
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24 Exxon: The Road Not Taken series
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34 Justin Gillis & Clifford Krauss,
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54 Webpage for National Association
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COMMONWEALTH OF MASSACHUSETTS SUFFO
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https://web.archive.Org/web/2016060
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Than 12,500 Massachusetts Consumers
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David Hasemyer and John H. Cushman
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May 28, 2014, available https://www
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40. Attached to this affidavit as E
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50. Attached to this affidavit as E
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Perspectives, May 23, 2016, availab
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V— '> C0 2 GREENHOUSE AND CLIMATE
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PROJECTED CARBON DIOXIDE (AS CARBON
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PROJECTED CARBON DIOXIDE (AS CARBON
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CONCLUSIONS/RECOMMENDATIONS EPA i )
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GROWTH OF ATMOSPHERIC CO2 AND INSTA
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C0 2 GREENHOUSE AND CLIMATE ISSUES
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OUR NEXT TASK IS TO CONVERT THE AMO
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EXHIBIT 2 App. 300
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PARIS AGREEMENT The Parties to this
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(a) "Convention" means the United N
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8. In communicating their nationall
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Article 6 1. Parties recognize that
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Article 7 1. Parties hereby establi
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(e) Building the resilience of soci
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5. The Warsaw International Mechani
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5. Accelerating, encouraging and en
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4. The transparency arrangements un
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means of implementation and support
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8. The United Nations and its speci
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the organization and its member Sta
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Article 28 1. At any time after thr
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International Energy Agency ENERGY
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INTERNATIONAL ENERGY AGENCY The Int
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United States, which currently impo
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Trucks deliver a large share of oil
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If nuclear falls back, what takes i
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On bookshop International Energy Ag
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Managing the risks of exposure to f
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Managing the risks of exposure to f
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Distribution List: R. W. Cohen M. J
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- 2 - might rise the 0.5 needed to
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Energy and Carbon — Managing the
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2. World Energy Needs Keep Growing
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ExxonMobil believes that efficiency
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The cost limitations of renewables
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income. For example, by 2030 for th
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A "low carbon scenario" will impact
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In our operations, we apply a const
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technology can be up to 80 percent
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Such stress testing differs from al
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7. Capital Allocation ExxonMobil ma
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Lastly, we note that even when sens
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Appendix Topic Page Proved Reserves
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EXXONMOBIL RESOURCE BASE - AT DECEM
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EXXONMOBIL CAPEX OUTLOOK (1) Capex
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EXXONMOBIL PRODUCTION PRICES AND PR
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EXHIBIT 7 App. 382
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2 February 29, 2016 target. First;
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4 February 20! 2016 the power gener
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6 February 29, 2016 In addition, wh
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EXHIBIT 8 App. 390
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ExxonMobil's Energy Outlook Project
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Meeting global needs - managing cli
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— BUSINESS: Document trove detail
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Chase Bank to Pay $136 Million in N
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Ocwen to Provide $2.1 Billion in Re
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$470 Million State-Federal Settleme
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CitiGroup to Pay $7B Over Mortgage
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JPMorgan to Pay $13 Billion in Fede
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MoneyGram to Pay $13M Over Wire Tra
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AG Announces Major Award for 12,500
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NY A.G. Schneiderman, Massachusetts
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At a Cape Cod Landmark, a Strategic
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At a Cape Cod Landmark, a Strategic
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Climate change could have an even w
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Climate change could have an even w
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Summary for Policymakers Introducti
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Summary for Policymakers the past 1
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Summary for Policymakers Contributi
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Summary for Policymakers very likel
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Summary for Policymakers Multi-mode
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Summary for Policymakers RCP2.6 RCP
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Regional key risks and potential fo
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Summary for Policymakers Greater ra
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Summary for Policymakers Table SPM.
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Summary for Policymakers SPM 4.3 Re
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EXHIBIT 23 App. 480
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What Exxon knew about the Earth's m
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InsideClimate News Is a Pulitzer Pr
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8/5/2016 References | ExxonMobil Ja
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tNERAI 114.1-ID -OFFICE CORRESPONDE
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DRAFT BED TO MEJO 1 L You asked abo
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Mr. A. M. Natkin - 2 - August 25, 1
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i 0763-L-RWC CO2 Climate Modeling R
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PROPRIETARY INFORMATION For Authori
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PROPRlcTAHY I'irORM, CXX'On Por Aut
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cl 798 - 3 - Figure 3 shows the car
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cl 7 98 A. No Limit on CO2 Emission
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l798 APPENDIX C CONSTRUCTION OF SCE
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Figure 1 MOST OF THE USSR'S VAST AG
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funds and asset managers are starti
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concerns that some fossil fuels wil
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Really? ExxonMobil left the risk ou
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Really? ExxonMobil left the risk ou
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Joe Walker TO: CCJ Subject Otobal C
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4 Strategies and Tactics I. Nationa
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Exxon Mobil Investigated for Possib
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A.G, Schneiderman, Former Vice Pres
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(EongreaB nf States Mafil?ingtnn, S
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Edward Mar^y United States Senator
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19 senat Page 1 of 10 fueffix FREE
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4 1 (C) what they knew about the ha
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Where to buy motor oil products | M
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Mobil Gas Station in Boston, Massac
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northeast and midwest assets Page 1
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Fuel Distribution and Retail Opport
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PROPOSED EXXON RESEARCH PROGRAM TO
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W BUSINESS . , ' RATIONALE FOR EXXO
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DEFINITION App. 796 GREENHOUSE EFFE
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MAJORRESEARCH NEEDS PROBLEM AREA AT
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FLUX = (TRANSFER COEFFICIENT) X (DR
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C TANKER PROGRAM (CONTINUED) TANKER
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pC0 2 10" 6 atm. IN THE SURFACE WAT
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- S A L I N I T Y | . - P H , j - S
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INFORMATION YIELDS (CONTINUED) ? +
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INFORMATION YIELDS (CONTINUED) DRIL
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