ExxonMobil Projects 25% Increase In GHG Outputs In Next 20 Years - Guardian

[hatrack]

And they'll be able to rest secure in the knowledge that they did everything they could to make this possible. Isn't that nice?

ExxonMobil, the world's largest oil company, expects global carbon emissions to rise by nearly 25% in the next 20 years, in effect dismissing hopes that runaway climate change can be arrested and massive loss of life prevented. According to the company's annual Outlook for Energy report – due to be published in the next few weeks – demand for power will increase by nearly 40% in the next 20 years, lifting emissions by around 0.9% a year at least until 2030.

Beyond 2030, it says, any progress on cuts will require "more aggressive gains in energy efficiency as well as the use of less carbon-intensive fuels. New technologies will by then be essential.".

"It is a significant rise , but it is substantially slower because of improved efficiency and a shift towards lower carbon fuels," says the report, previewed today at the World Future Energy conference in Abu Dhabi. The projections by Exxon scientists are gloomier than anything publicly expressed by governments and scientists, who maintain that global emissions can be reduced significantly and catastrophic climate change be averted if action is taken for them to reach their "peak" in the next 10 years.

According to the UK Met Office, if emissions rises can be stopped by 2020 and then be made to reduce by 1-2% a year, the planet could be expected to warm 2.1C to 3.7C this century, with the rise continuing even higher after 2100.

EDIT

http://www.guardian.co.uk/environment/2011/jan/19/exxonmobil-carbon-emissions-rise

[howaboutme]

1. They and others have spent lots of money

trying to marginalize the need to reduce emissions. The need to keep the air we breath pure is a given, but the corporatists even argue that.

[Nihil]

2. The height of irony ...

> ExxonMobil, the world's largest oil company, expects global carbon emissions
> to rise by nearly 25% in the next 20 years, in effect dismissing hopes that
> runaway climate change can be arrested and massive loss of life prevented.

... is when one of the most dishonest causes of the problem becomes one of the
most honest reporters of the impact.

:crazy:

[GliderGuider]

3. This means BAU. which looks like ~440 ppm by 2030

:banghead:

[pscot]

4. There was a flashy Exxon ad tonight

at the start of the news hour on PBS. All about the urgent need to develope renewable energy, right now and how Exxon was beavering away to address the problem. As if we didn't know they are doing all in their very considerable power to stymie climate change regulations.