Exxon $15 B to Cut Greenhouse Gases

What’s happening? Exxon announced it expects to spend $15 B to curb greenhouse gases, and that it can meet its 2025 emissions reduction goal this year.

Why is this important? They plan to get to their goals by taking measures to cut emissions at facilities by reducing flaring and cutting methane emissions, and by investing in carbon business solutions.

How will this be important? Overall the company will make capital investments of $20 billion and $25 billion per year through 2027

Dallas Morning News | Exxon Mobil commits to spending $15 billion to reduce greenhouse gas emissions