Tax Me, Says Exxon Mobil, in Declaring Support for Climate Talks
- Endorses `meaningful action' to address climate change
- `Revenue-neutral carbon tax could be a workable policy'
ExxonMobil Corp. signage glows at a gas station in Richmond, Kentucky, at dawn on April 29, 2015.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
Exxon Mobil Corp., a favorite target of global warming activists, said Wednesday that it’s hopeful for a deal out of the climate-change talks in Paris and still thinks the best solution is a tax on carbon pollution.
As the United Nations negotiations moved into a third day, the world’s biggest oil explorer said in an blog post that it supports “meaningful action to address the risks of climate change” as long as it preserved access to the reliable and affordable energy.