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hatrack

(64,420 posts)
Mon Jan 26, 2026, 08:03 AM Yesterday

Poof!! ExxonMobil Creates Whole New Accounting System For GHGs, And Climate Collapse Is YOUR Fault, NOT Theirs!!

EDIT

Creating a competing system to track climate pollution could erase the advances already made with the current system, said BankTrack deputy director Ryan Brightwell, and end up reducing transparency. “There’s been a lot of work and a lot of progress over a period of many years to get to a position where there’s relative agreement on the system,” Brightwell told DeSmog. “To risk cracking that open at this point in the climate crisis, that’s quite alarming.”

Carbon Measures argues its system for tracking emissions allows consumers to choose lower-emissions products. “We are focused on reducing the carbon intensity of the products responsible for the majority of global emissions,” Carmen San Segundo, Carbon Measures’ head of global communications, said in a statement to DeSmog, “and our members believe this will require a more precise carbon accounting system and effective policy.” ExxonMobil did not respond to a request for comment.

Darren Woods, ExxonMobil’s CEO, has said that Carbon Measures shouldn’t be seen as a delay tactic because the new plan can co-exist alongside today’s widely used carbon reporting system, supplied by Greenhouse Gas (GHG) Protocol. “You can do this in addition to that,” Woods told Bloomberg in a November interview. But in October, the same month that Carbon Measures first launched, ExxonMobil also sued to bring an end to California’s climate disclosure laws. The oil major argued that the law compels the company to fully report its emissions in line with the GHG Protocol system in violation of the company’s right to free speech.

“In its public advocacy, ExxonMobil has consistently argued that those frameworks send the counterproductive message that large companies are uniquely responsible for climate change,” the company wrote in its October 24 complaint, “no matter how efficiently they satisfy societal demand for energy, goods, and services.” Lisa Sachs, director of the Columbia Center on Sustainability Investment, called Exxon’s argument “a transparent delay tactic.” “The bottleneck to decarbonization is not improper carbon accounting. It’s the failure to implement well-known, technologically ready, and financeable system transitions,” Sachs said. “Disclosure and accounting debates have diverted time, attention, and political capital away from those real solutions; this latest initiative just adds fuel to that fire.”

EDIT

https://www.desmog.com/2026/01/23/exxonmobil-carbon-measures-darren-woods-fossil-fuel-pollution-global-climate-accounting/

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Poof!! ExxonMobil Creates Whole New Accounting System For GHGs, And Climate Collapse Is YOUR Fault, NOT Theirs!! (Original Post) hatrack Yesterday OP
Naturally. n/t werdna Yesterday #1
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