It turns out it seems that in the late 70's and early 80's, Exxon was spending a good bit of money researching climate change, and even chose not to develop a large Natural Gas reserve because it would release so much CO2 into the atmosphere, but then later had a change of heart and spent even more funding anti-climate change research for some 30 years or so. And in at least one article I read on this, it appears one benefit of helping to delay a response to climate change was that some of the large oil deposits (probably not the right term from an oil industry perspective) found in the arctic would likely become affordable to develop if the Earth warmed. Although it is also clear the potential negative impact on their bottom line of limiting CO2 output was also a key factor in their change in direction.
As I had said on another thread, the whole Climate Science thing is just littered with biased players. And it is very hard to figure out who are the ones that are telling the truth in an unslanted form (if any). But one element does show up clearly in the emails and documents from Exxon. Their scientists were making the same predictions as what is now know as the 'scientific conscensus' on Climate Change. And for a time Exxon was prepared to deal with those results in a way that would have helped to world take action to reduce carbon emissions.
Since it was Exxon's goal to get the best scientists on its staff at this time, and since their conclusion was at odds in many ways with the ultimate bottom line of their employer, and since for a time Exxon acted on the results, that would tend to be a major balancing factor in who we should be listening too.
original story
This story has been picked up by many outlets, but I think this is the source.
Jim
As I had said on another thread, the whole Climate Science thing is just littered with biased players. And it is very hard to figure out who are the ones that are telling the truth in an unslanted form (if any). But one element does show up clearly in the emails and documents from Exxon. Their scientists were making the same predictions as what is now know as the 'scientific conscensus' on Climate Change. And for a time Exxon was prepared to deal with those results in a way that would have helped to world take action to reduce carbon emissions.
Since it was Exxon's goal to get the best scientists on its staff at this time, and since their conclusion was at odds in many ways with the ultimate bottom line of their employer, and since for a time Exxon acted on the results, that would tend to be a major balancing factor in who we should be listening too.
original story
This story has been picked up by many outlets, but I think this is the source.
Jim
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