exxon world still needs fossil fuels
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Exxon: World still needs fossil fuels

Arab Today, arab today

Arab Today, arab today Exxon: World still needs fossil fuels

Washington - UPI

Climate change risks are real and Exxon Mobil takes the threat serious, but the world still needs "all viable energy sources" to function, an executive said. Exxon published reports Monday to its shareholders on the risk of climate change. Exxon's reports followed an assessment from the Intergovernmental Panel on Climate Change that found climate change was linked to human activity, notably the burning of fossil fuels. William Colton, vice president in charge of strategic planning for Exxon, said increasing energy efficiency and financing ways to curb greenhouse gas emissions may help tackle the threat, though the world still needs to burn fossil fuels. "Our analysis and those of independent agencies confirms our long-standing view that all viable energy sources will be essential to meet increasing demand growth that accompanies expanding economies and rising living standards," he said in a statement. The transportation sector is expected to be the largest driver in global demand for energy, with countries in the Asia-Pacific region leading the rest of the world. Exxon said a growing world population, which it said should approach 9 billion people in 2040, will need 35 percent more energy than today. The IPCC report said most policymakers were addressing past consequences of climate change rather than preparing for the future. "The risk of climate change is clear and the risk warrants action," Colton said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

exxon world still needs fossil fuels exxon world still needs fossil fuels

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

exxon world still needs fossil fuels exxon world still needs fossil fuels

 



GMT 08:12 2017 Tuesday ,28 November

Government launches a campaign to eliminate corruption

GMT 18:43 2018 Thursday ,20 September

Russian PM does not rule out expansion of trade wars

GMT 09:28 2017 Saturday ,30 December

Ski jumping: 40,000 to see Four Hills take leap of faith

GMT 19:31 2017 Sunday ,16 April

Iran to export gas to Iraq

GMT 03:14 2017 Monday ,17 April

Kazakhstan Ambassador hails ties with Oman

GMT 20:57 2017 Wednesday ,20 September

Dubai Customs launches Partners’ Happiness Lab

GMT 18:32 2017 Monday ,30 October

CBE governor directs banks to expand funding

GMT 14:58 2017 Sunday ,19 February

Dhoni removed as Pune captain, Smith to take over

GMT 14:35 2017 Thursday ,19 January

Naidu comes to the defence of 'Dangal' actress Zaira

GMT 18:06 2016 Tuesday ,06 December

HHA launches Geely X7 Sport 4WD in Saudi market
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday