Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Well at least they finally came around and acknowledged that CO2 was responsible for climate change, unfortunately other companies are not so honest.
Quote:
ExxonMobil, the world’s biggest oil company, knew as early as 1981 of climate change – seven years before it became a public issue, according to a newly discovered email from one of the firm’s own scientists. Despite this the firm spent millions over the next 27 years to promote climate denial.
The email from Exxon’s in-house climate expert provides evidence the company was aware of the connection between fossil fuels and climate change, and the potential for carbon-cutting regulations that could hurt its bottom line, over a generation ago – factoring that knowledge into its decision about an enormous gas field in south-east Asia. The field, off the coast of Indonesia, would have been the single largest source of global warming pollution at the time.
They had email in 1981? The email is recent and from someone that worked for Exxon responding to reporters questions.
This gas field in question has a huge amount of CO2 in it which requires a substantial amount of expense to remove making it unprofitable. You don't suppose that had anything to do with them not developing it?
In addtion to that companies like Exxon look decades into the future, if they had concerns about the CO2 itself it would be concerns about governments killing off their profits with regulations. The same thing is now happening in the power industry, coal is still cheaper than natural gas, despite this they are opting to build gas plants predominately. The reason for that is because of concerns over CO2 regulations that may impact them in the future. these plants are expected to operate for 50 or 60 years, they have to be profitable. It takes decades before they start making money.
Last edited by thecoalman; 10-13-2015 at 06:51 AM..
They had email in 1981? The email is recent and from someone that worked for Exxon responding to reporters questions.
This gas field in question has a huge amount of CO2 in it which requires a substantial amount of expense to remove making it unprofitable. You don't suppose that had anything to do with them not developing it?
In addtion to that companies like Exxon look decades into the future, if they had concerns about the CO2 itself it would be concerns about governments killing off their profits with regulations. The same thing is now happening in the power industry, coal is still cheaper than natural gas, despite this they are opting to build gas plants predominately. The reason for that is because of concerns over CO2 regulations that may impact them in the future. these plants are expected to operate for 50 or 60 years, they have to be profitable. It takes decades before they start making money.
The email was present day referring to 1981.
“Exxon first got interested in climate change in 1981 because it was seeking to develop the Natuna gas field off Indonesia,” Lenny Bernstein, a 30-year industry veteran and Exxon’s former in-house climate expert, wrote in the email. “This is an immense reserve of natural gas, but it is 70% CO2,” or carbon dioxide, the main driver of climate change.
Their concern was the amount of CO2, there were other researchers at Exxon that were perfectly aware of the problems generated by increased CO2. If future regulations were an issue they could have still made those fields profitable.
Anyway the point is that Exxon knew that there would be warming down the road and built that into their planning in the artic and Canada yet continued to fund groups that denied a problem existed.
Royal Dutch Shell is also a member of the American Petroleum Institute, which funds studies doubting climate science. Shell left ALEC, reportedly due to their denial of climate change but probably moreso the negative reputation of ALEC itself these days.
Exxon was started by the Rockefellers and Shell was started by the Rothschilds-two parasitic families and institutions that should be dismantled from top to bottom. Our corrupt Government has been bending over backwards for these leeching institutions for decades-it's time to put them in their place even though they've already destroyed our planet.
Well at least they finally came around and acknowledged that CO2 was responsible for climate change, unfortunately other companies are not so honest.
uhm
people have known of climate change for a couple of thousand of years
a)The ancient Greek philosopher Plato, who lived in 427-347 BC, wrote about major climate changes known in his day. In the dialogue, "Timaeus," he argued global warming occurs at regular intervals, often leading to great floods.
b)Plato's student, Aristotle, who lived from 384 BC to 322 BC, also recorded evidence of global warming in his work
c) Theophrastus, a student of Aristotle who lived 374-287 BC, discussed climate change in his work, "De ventis," which means "The Wind." He observed that in Crete, "nowadays the winters are more severe and more snow falls."
d)In the first century AD, an ancient Roman named Columella wrote an agricultural treatise called, "De re rustica." In it, he discussed global warming that had turned areas once too cold for agriculture into thriving farm communities.
and Co2 FOLLOWS the warming, not causes it
the climate has changed many, many, many times....we have had more than a dozen ice ages and warming periods in the last 4 billion years this earth has existed
to say it is man-made or man-caused....in certainly not the truth
Good grief, what a load of crap, CO2 did not change the freaking climate. If anything, back in 1981 they still thought we might be falling back into another little ice-age.
You've got that right. In fact, compared to average climate temps over the past 10,0000 years, we are living in a period of cooling.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
