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The truth about ExxonMobil and climate change - Energy Factor Page 1 of 3 Perspectives blog The truth about ExxonMobil and climate change Suzanne McCarron - 05/23/2016 For a few months now, ExxonMobil has been hit by a series of politically motivated legal attacks related to our climate research. Amid all the tumult, it's easy to lose track of the most elemental - if not the most important - facts about our corporation's position on climate change. So let me take this opportunity to restate it. At ExxonMobil, we believe the risks of climate change are real. We are actively working to reduce greenhouse emissions in our own operations and to help our customers reduce their emissions as well. That means developing technologies that reduce emissions, including working to improve energy efficiency and advance cogeneration. In fact, our cogeneration facilities alone enable the avoidance of approximately 6 million metric tons of greenhouse gas emissions each year, and allow us to feed power back to the grid in certain instances. App. 839 https;//energyfactor.exxonniobil.com/perspectives/exxonmobil-climate-change/ 8/1/2016
The truth about ExxonMobil and climate change - Energy Factor Page 2 of 3 We are also developing next-generation biofuels that don't compete with food and water resources. Much of this research is conducted through partnerships with leading universities and research institutions including the Colorado School of Mines, Michigan State, Northwestern University, and the University of Wisconsin. Meanwhile, we are advancing conventional carbon-capture-and-storage technology while at the same time pursuing innovative carbon-capture solutions involving carbonate fuel cells. This far-sighted research aims to reduce the cost of carbon capture while keeping C02 out of the atmosphere. All told, since 2000, ExxonMobil has spent approximately $7 billion to develop loweremission energy solutions. That figure doesn't include the fact that as the nation's leading producer of natural gas, ExxonMobil has helped contribute to the overall drop in energy-related C02 emissions over the past decade. As policymakers develop mechanisms to meet the goals set in Paris, they are expected to focus on reducing the greatest amount of emissions at the lowest cost to society. At the same time, they should recognize important shared humanitarian needs, including providing reliable and affordable energy to improve living standards. As a global issue, addressing the risks of climate change requires broad-based, practical solutions around the world. ExxonMobil believes that effective policies to address climate change should: • Ensure a uniform and predictable cost of carbon a<strong>cross</strong> the economy; • Be global in application; • Allow market prices to drive the selection of solutions; • Minimize complexity and administrative costs; • Maximize transparency; and • Provide flexibility for future adjustments to react to developments in climate science and the economic impacts of climate policies. Of the policy options being considered by governments, we believe a revenue-neutral carbon tax is the best option to fulfill these principles. App. 840 https://energyfactor.exxonniobil.coin/perspectives/exxonmobil-cliniate-change/ 8/1/2016
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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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EXHIBIT 4 App. 340
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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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EXHIBIT 5 App. 346
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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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EXHIBIT 10 App. 404
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— BUSINESS: Document trove detail
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EXHIBIT 11 App. 408
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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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EXHIBIT 14 App. 416
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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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EXHIBIT 20 App. 432
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NY A.G. Schneiderman, Massachusetts
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NY A.G. Schneiderman, Massachusetts
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EXHIBIT 21 App. 438
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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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EXHIBIT 22 App. 448
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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 Rural area
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Summary for Policymakers impacts in
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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 Global mit
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Summary for Policymakers entail num
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Summary for Policymakers SPM 4.3 Re
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Summary for Policymakers high agree
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EXHIBIT 23 App. 480
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What Exxon knew about the Earth's m
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8/1/2016 Exxon's Own Research Confi
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8/1/2016 Exxon Confirmed Global War
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i 8/1/2016 Exxon Confirmed Global W
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Highlighting the Allure of Synfueis
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8/1/2016 Highlighting the Allure of
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8/1/2016 Highlighting the Allure of
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Exxon Sowed Doubt about Climate Sci
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8/1/2016 Exxon Sowed Doubt about Cl
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8/1/2016 Exxon Made Deep Cuts in Cl
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8/1/2016 More Exxon Documents Show
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8/1/2016 Exxon's Oil Industry Peers
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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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EXHIBIT 28 App. 612
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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 - 7 - and then rapidly decreas
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l798 Table 1 C0 7 EMISSIONS lb CC^E
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al798 - 2 - • The present tropics
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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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Figiirg a The Carbon Cycle Current
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App. 638
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Figure 7 CO? IN ATMOSPHERE RATE OF
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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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V 2 Because the sdeuce xmdtrpinning
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4 Strategies and Tactics I. Nationa
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6 • The GCSDC will become a. one-
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Number of school teachers/students
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Status of Ratification Page 1 of 8
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Exxon Mobil Investigated for Possib
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Virgin Islands and Exxon Agree to U
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8/1/2016 CLIMATE: Fossil fuel backe
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A.G. Schneiderman, Former Vice Pres
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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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EXHIBIT 41 App. 706
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2 (A) developed a sophisticated and
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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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8/4/2016 Gas Stations - Exxon and M
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Gas Stations in Massachusetts, Unit
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Gas Stations in Massachusetts, Unit
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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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Exxon Mobil Coiporation (XOM) Insti
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8/5/2016 FDFFX - Fidelity® Indepen
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Mass. reaches $2.9M settlement with
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Page 551 and 552: INFORMATION YIELDS (CONTINUED) ? +
Page 553 and 554: INFORMATION YIELDS (CONTINUED) DRIL
Page 555 and 556: THEORY OF LAND BIOTA SAMPLING e INC
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Page 559 and 560: PROPOSED PROGRAM SCHEDULE (CONTINUE
Page 561 and 562: GREENHOUSE EFFECT Develop backgroun
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Page 577 and 578: Our climate science histoiy | Exxon
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Page 585 and 586: The coordinated attack on ExxonMobi
Page 587 and 588: ExxonMobil responds to state AGs -
Page 591: ExxonMobil to Hold Media Call on Ne
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