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Sunrise at tea plantation. India, Munnar, Kerala

Commitment to climate change research

Exxon Mobil Corporation believes that climate change is a serious issue requiring research for solutions and effective policies that balance society’s need for energy and environmental protection. As such, company scientists have been studying climate science for more than three decades.

Over the years, much of this research to improve the understanding of climate science has been done in conjunction with government bodies and leading research universities, and publicly available for several decades.

Our scientists have contributed climate research and related policy analysis to more than 50 papers in peer-reviewed publications. They’ve participated in the United Nations Intergovernmental Panel on Climate Change since its inception in 1988, and were involved in the National Academy of Sciences review of the third U.S. National Climate Assessment Report.

ExxonMobil advocates policy options that ensure a uniform and predictable cost of carbon; allow market prices to drive solutions; maximize transparency; reduce administrative complexity; promote global participation; and are easily adjusted to future developments in climate science and policy impacts. Since 2009, ExxonMobil has supported a revenue-neutral carbon tax as the most efficient and effective way for policymakers to put a price on carbon emissions.