- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says 'very violent' Israeli strikes hit south Beirut
- Guardians maul Tigers, miracle Mets rally in MLB series openers
- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Madrid beat Villarreal but Carvajal suffers knee injury
- Madrid beat Villarreal to move level with Liga leaders Barcelona
- Monaco take top spot in Ligue 1 with win at Rennes
- French rugby player on rape charge whistled but 'serene' on return
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Toddler among 3 dead in migrant Channel crossings
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Kovacic stars as Man City sink Fulham to get title bid back on track
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Thousands march for Palestinians ahead of Oct 7 anniversary
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Toddler crushed to death in migrant Channel crossing
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
- Thousands march in London in support of Palestinians, 1 year after Oct 7
- Israel readying response to Iran missile attack
- Schutt, Mooney help Australia beat Sri Lanka in Women's T20 World Cup
- Liverpool extend Premier League lead with win at Palace
- Djokovic 'shakes rust off' to make third round of Shanghai Masters
- 'Imperfect' PSG fighting on all fronts - Luis Enrique
- Struggling Pakistan look to thwart adaptable England
- Child 'trampled to death' in asylum seekers' Channel crossing: minister
ExxonMobil targets 'net zero' emissions at operations by 2050
ExxonMobil pledged Tuesday to reach "net zero" greenhouse gas emissions in its operations by 2050, but stopped short of extending the promise to products it sells throughout the global economy.
The petroleum giant's promise covers "Scope 1" and "Scope 2" emissions, which account for carbon emissions from ExxonMobil operations, as well as emissions associated with the purchase of heating or cooling at its facilities, according to a company press release.
But the US oil giant, which has long been criticized by environmentalists over its climate record, avoided targets on "Scope 3" emissions, which are those from products sold, such as the gasoline consumers buy.
Some European companies such as Total have pledged to cut those emissions as well.
Environmental activists have argued that oil needs to be phased out if the world is to avoid catastrophic climate change, and immediate plans are necessary to reduce "Scope 3" emissions.
The move comes on the heels of ExxonMobil's earlier announcements that boost spending on lower-emissions technologies, including through major carbon capture and storage projects.
The company also cited programs to reduce routine flaring of gases and employ more renewable energy and lower-emission power sources throughout company operations.
ExxonMobil will release "detailed roadmaps" addressing 90 percent of operations-related greenhouse gas emission by the end of 2022, with the remainder in 2023, according to a press release.
Chief Executive Darren Woods cited the company's work in the Permian Basin, a major oil-producing region in the United States, as a spot where superior technology has enabled it to grow production while mitigating the risk of climate change.
"If you look over the next several years, our production coming out of the Permian is growing, and yet at the same time, we're lowering emissions and we've made a commitment to have a Permian operations at net-zero carbon by 2030," Woods told CNBC.
"And so those two can go hand in hand if you're thoughtful about how best to achieve that."
Mark Brownstein, senior vice president at Environmental Defense Fund, said ExxonMobil's announcement was evidence of progress at the oil giant after shareholders in 2021 elected three board members favored by environmentalists over the company's opposition.
"Measures addressing Scope One and Scope Two emissions are certainly necessary. But they're not sufficient," said Brownstein. "When talking about oil and gas, the vast majority of emissions are associated with the products that these companies sell."
More critical was Sierra Club Senior Director of Energy Campaigns Kelly Sheehan, who said oil and gas expansion efforts must be curtailed "immediately."
"Without a commitment to limit the activities that are driving the climate crisis, Exxon's climate plan is just another bid to appease its shareholders and the public without changing its dangerous business practices," Sheehan said.
D.Kaufman--AMWN