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.
U.S. fossil fuel majors led efforts to ensure corporations would not have to introduce climate action plans.
By tying the projectโs fate to Indigenous โequity,โ Carney saddles groups with the blame, and potentially the bill, if they move to stop a pipeline they oppose.
The Labour peer called for new coal power in the Global Warming Policy Foundationโs annual lecture.
Blunt communication is our firewall.
