Well, this certainly seems like good news.
In a report last year on how oil majors are addressing global warming emissions, Ceres gave Exxon a 35 — the worst of any company. Oil majors BP and Royal Dutch Shell got 90 and 79, respectively.Yes, in the details, as with those surrounding Exxon Valdez compensation payments and fines. Still, this sounds encouraging.
“Given how large and influential Exxon is and that they are basically the last big industry climate skeptic standing, even small moves can have a very big impact,” said Logan.
But he said it was too early to tell the substance of the change [by Exxon with respect to dropping funding of climate change denying stink tanks]. “The devil is in the details,” he said.
My only quarrel with the MSNBC report is where they write:
Last year, CEI [Competitive Enterprise Institute, one of the stink tanks] ran advertisements, featuring a little girl playing with a dandelion, that downplayed the risks of carbon dioxide emissions.I think MSNBC ought to have included the downplay line, "CO2: they call it pollution, we call it Life!"
See RealClimate's post on the subject.
Thanks Cervantes , I'd missed that.