Sunday, July 12, 2015
Exxon knew of climate change in 1981 – but it funded deniers for 27 more years
"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.
"'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.
"However, Exxon’s public position was marked by continued refusal to acknowledge the dangers of climate change, even in response to appeals from the Rockefellers, its founding family, and its continued financial support for climate denial."
Read the whole article: Exxon knew of climate change in 1981, email says – but it funded deniers for 27 more years.