From the Washington Post:
Hofmeister, president of Shell Oil Co., said in a recent speech at the National Press Club. "From Shell's point of view, the debate is over. When 98 percent of scientists agree, who is Shell to say, 'Let's debate the science'?"And amazingly Exxon Mobil has finally begun the process of accepting the possibility that climate change might be real:
Exxon Mobil Corp., the highest-profile corporate skeptic about global warming, said in September that it was considering ending its funding of a think tank that has sought to cast doubts on climate change. And on Nov. 2, the company announced that it will contribute more than $1.25 million to a European Union study on how to store carbon dioxide in natural gas fields in the Norwegian North Sea, Algeria and Germany.It's a small step, but better than the all out war they've previously funded. Is it good faith or just an inevitable result of the dethroning of the Exxon backed "climate change is a hoax" Senator Inhofe? Only time will tell.
Source:
Washington Post: Energy Firms Come to Terms With Climate Change Saturday, November 25, 2006; Page A01
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