Berliner Boersenzeitung - ExxonMobil dismissed own global warming forecast: study

EUR -
AED 4.29132
AFN 74.203609
ALL 95.805414
AMD 433.4011
ANG 2.091481
AOA 1072.683853
ARS 1638.188454
AUD 1.635513
AWG 2.106222
AZN 1.985616
BAM 1.953101
BBD 2.353774
BDT 143.421198
BGN 1.949178
BHD 0.440993
BIF 3476.288379
BMD 1.1685
BND 1.49084
BOB 8.105799
BRL 5.801133
BSD 1.16865
BTN 111.08949
BWP 15.864078
BYN 3.305632
BYR 22902.60579
BZD 2.350851
CAD 1.591894
CDF 2706.246758
CHF 0.916396
CLF 0.027083
CLP 1065.929196
CNY 7.981149
CNH 7.986584
COP 4356.694927
CRC 531.363456
CUC 1.1685
CUP 30.965258
CVE 110.598731
CZK 24.400589
DJF 207.665735
DKK 7.472548
DOP 69.678194
DZD 154.723383
EGP 62.546481
ERN 17.527504
ETB 183.542149
FJD 2.573271
FKP 0.860275
GBP 0.863931
GEL 3.137447
GGP 0.860275
GHS 13.081357
GIP 0.860275
GMD 85.886397
GNF 10256.527946
GTQ 8.931861
GYD 244.512118
HKD 9.155872
HNL 31.117461
HRK 7.535193
HTG 152.947888
HUF 364.799928
IDR 20373.386901
ILS 3.452103
IMP 0.860275
INR 111.408203
IQD 1530.735387
IRR 1536577.888516
ISK 143.398483
JEP 0.860275
JMD 184.115578
JOD 0.828489
JPY 183.758944
KES 150.972215
KGS 102.150883
KHR 4688.022868
KMF 491.349122
KPW 1051.650263
KRW 1724.431853
KWD 0.360026
KYD 0.974054
KZT 542.160809
LAK 25663.184483
LBP 104465.362619
LKR 373.460733
LRD 214.565871
LSL 19.666146
LTL 3.450278
LVL 0.706815
LYD 7.402479
MAD 10.80515
MDL 20.122194
MGA 4855.118969
MKD 61.663486
MMK 2453.558203
MNT 4179.346411
MOP 9.430668
MRU 46.681467
MUR 54.860921
MVR 18.059139
MWK 2034.93947
MXN 20.461022
MYR 4.633061
MZN 74.679165
NAD 19.665886
NGN 1601.931692
NIO 42.907309
NOK 10.841901
NPR 177.741105
NZD 1.989903
OMR 0.449285
PAB 1.168885
PEN 4.096709
PGK 5.062529
PHP 72.106988
PKR 325.719728
PLN 4.256204
PYG 7265.959457
QAR 4.256826
RON 5.190447
RSD 117.422683
RUB 87.636497
RWF 1706.594681
SAR 4.384441
SBD 9.378229
SCR 15.60968
SDG 701.689458
SEK 10.869375
SGD 1.492529
SHP 0.872403
SLE 28.803202
SLL 24502.862465
SOS 667.79835
SRD 43.767328
STD 24185.596923
STN 24.713781
SVC 10.227823
SYP 129.148477
SZL 19.665661
THB 38.292338
TJS 10.940881
TMT 4.095594
TND 3.371707
TOP 2.813468
TRY 52.838293
TTD 7.939029
TWD 36.968998
TZS 3049.786129
UAH 51.502231
UGX 4386.05699
USD 1.1685
UYU 47.074949
UZS 14019.666522
VES 571.329748
VND 30758.433277
VUV 138.793042
WST 3.172698
XAF 655.05181
XAG 0.015991
XAU 0.000257
XCD 3.157931
XCG 2.106689
XDR 0.812844
XOF 652.608671
XPF 119.331742
YER 278.833394
ZAR 19.63285
ZMK 10517.907557
ZMW 21.887754
ZWL 376.256618
  • RBGPF

    1.6000

    64.7

    +2.47%

  • RYCEF

    -0.0200

    16.33

    -0.12%

  • NGG

    -0.9800

    87.5

    -1.12%

  • CMSD

    -0.0300

    23.25

    -0.13%

  • CMSC

    -0.0100

    22.87

    -0.04%

  • BCE

    -0.0300

    23.93

    -0.13%

  • RELX

    0.0100

    36.36

    +0.03%

  • BCC

    -3.8000

    74.33

    -5.11%

  • RIO

    -1.9500

    98.63

    -1.98%

  • GSK

    -0.7100

    50.9

    -1.39%

  • BTI

    -0.3600

    58.35

    -0.62%

  • VOD

    -0.1000

    16.05

    -0.62%

  • JRI

    -0.0500

    12.93

    -0.39%

  • BP

    0.5300

    46.94

    +1.13%

  • AZN

    -1.2800

    183.46

    -0.7%

ExxonMobil dismissed own global warming forecast: study
ExxonMobil dismissed own global warming forecast: study / Photo: Saul LOEB - AFP/File

ExxonMobil dismissed own global warming forecast: study

ExxonMobil publicly downplayed climate change even though scientists for the oil giant had accurately predicted global warming from fossil fuels as far back as the late 1970s, according to a study published on Thursday.

Text size:

"They modelled and predicted global warming with shocking accuracy and skill, only for the company to spend the next couple of decades denying that very climate science," said Geoffrey Supran, a coauthor of the study in the journal Science.

ExxonMobil, formed in a 1999 merger between Exxon and Mobil Oil, has faced accusations for years that it knew about the threat of global warming decades ago.

Inside Climate News and the Los Angeles Times first revealed in 2015 that ExxonMobil was aware for a long time that climate change was real and was the result of human activity.

The company is the target of a number of lawsuits in the United States, several of which are ongoing, an activist campaign tagged "Exxon Knew," and the European Parliament and US Congress have held hearings into the oil behemoth.

"I see this as "Exxon Knew 2.0," Supran said of his research, performed while he was at Harvard University.

He told AFP the study, for the first time, compared the findings of ExxonMobil's own scientists to what other climate researchers knew at the time and to what has subsequently occurred.

"They didn't just vaguely know something about global warming decades ago," said Supran.

"They knew as much as independent, academic and government scientists did, and arguably, they knew what they needed to know to begin to take action and warn the public."

Supran, who now teaches at the University of Miami, said he and his coauthors from Harvard and the Potsdam Institute for Climate Impact Research had analysed private ExxonMobil graphs and tables that had never been scrutinised before.

"We've gone from a qualitative understanding of what they knew to a quantitative statistically precise one," he said. "Our analysis truly seals the deal on what Exxon knew and literally puts a number on it."

The researchers analysed 32 internal documents produced by ExxonMobil scientists between 1977 and 2002 and 72 peer-reviewed scientific publications that they authored or coauthored.

The documents contained 16 global mean temperature projections linked to a rise in atmospheric greenhouse gas concentrations.

"Overall, ExxonMobil's global warming projections closely track subsequent observed temperature increases," the study said.

Ten of the 16 projections are "consistent with historical observations," two forecast more warming than observed and four forecast less.

On average, the ExxonMobil scientists predicted average warming of 0.2 degrees Celsius per decade, equivalent to the current rate.

- 'Excellent scientists' -

Senior ExxonMobil executives meanwhile were dismissing climate warnings.

"Projections are based on completely unproven climate models, or, more often, sheer speculation," ExxonMobil CEO Lee Raymond said in 1999.

Climate models are "not competent," said his successor, Rex Tillerson.

Several of the ExxonMobil scientists involved with coming up with the projections testified before Congress in 2019.

Representative Alexandria Ocasio-Cortez asked one of them, Martin Hoffert, about the uncanny accuracy of his 1982 climate projections.

"We were excellent scientists," Hoffert replied.

The World Meteorological Organization said Thursday that the past eight years were the hottest since records began and the US space agency NASA released similar global temperature findings.

Gavin Schmidt, director of the NASA Goddard Institute for Space Studies, said tackling climate change would involve much more than just "naming and shaming" the oil companies.

"It isn't as if we could just turn around and say, 'ExxonMobil stop producing fossil fuels,' and then we'd solve the problem," Schmidt said. "All those products are being used by people and by industries and by cities and other infrastructure."

Asked about the Science report, Todd Spitler, an ExxonMobil spokesman, said "this issue has come up several times in recent years.

"And, in each case, our answer is the same: those who talk about how 'Exxon Knew' are wrong in their conclusions," he said.

(H.Schneide--BBZ)