Exxon Boosts GHG Emissions - Now Bigger Than Those Of Norway - Guardian

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"ExxonMobil, the world's biggest oil company, has been increasing its greenhouse gas emissions after supporting George Bush's refusal to sign the Kyoto treaty. The Texan oil firm, which is facing a consumer boycott in Europe over its stance on climate change, is now producing more than twice the CO2 pollution of a country such as Norway.

Exxon, which sells petrol under the Esso banner, saw its greenhouse gas emissions jump 2% last year to 135.6m tonnes, according to new figures verified by the company.

And last night an Exxon spokesman admitted that the company had no targets for reductions in CO2 emissions although he insisted that it was working hard on "energy efficiency" gains. "We are taking steps to reduce greenhouse gases, but we are a major producer of energy that society wants and you need energy to produce oil and gas," he said. The growing levels of pollution from Exxon come on the back of annual profits of $17bn (£9.4bn), the largest ever in the corporate world.

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BP produced 83.3m tonnes of greenhouse gases last year on the back of 3.8m barrels of oil and gas output a day. Exxon's output was 4.4m barrels a day in 2003 with much of the pollution coming from its refineries and chemical plants. And at least one consultancy - Climate Mitigation Services in Colorado - believes Exxon has hugely underestimated its own figures. Its estimates, including power used for Exxon to run its own petrol stations and tankers, would be closer to 379m tonnes."

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http://www.guardian.co.uk/business/story/0,3604,1321223,00.html