HOUSTON – Exxon Mobil Corp. posted the largest annual profit by a U.S. company โ $40.6 billion in 2007 โ as the world’s largest publicly traded oil company benefited from historic crude prices at year’sย end.
Exxon also set a U.S. record for the biggest quarterly profit, posting net income of $11.7 billion for the final three months of 2007, besting its own mark of $10.71 billion in the fourth quarter ofย 2005.
The acclaimed climate accountability journalist says bold steps are needed to reverse the insidious impact of decades of industry propaganda on the public square.
With a U.S. Supreme Court decision looming on whether the company can be held liable for climate deception, internal documents show a campaign to question science.
Judges highlight stories revealing oil and advertising industry tactics for prolonging the fossil fuel era.
Campaigners say advertising and PR agencies are โnowhere closeโ to giving up their oil and gas clients.
