SIERRA CLUB — EXXON AND TAR SANDS GO ON TRIAL — MACRO WORLD — PLANET EARTH OUR HOME group

All PLANET EARTH groups supports:

Sierra Club* United Nations High Commissioner for Refugees (UNHCR) * American Bird Conservancy

PLANET EARTH OUR HOME is our flagship group with over 12,000 members and over 812,000 photos and videos.

Contest — Your Favorite Flower

In late 2013, Exxon Mobil faced increasing pressure from investors to disclose more about the risks the company faced as governments began limiting greenhouse gas emissions. Of the many costs climate change will impose, oil companies face a particularly acute one: the demand for their product will have to shrink.

For years, Exxon had been using something called a proxy cost of carbon to estimate what stricter climate policies might mean for its bottom line. But as pressure from shareholders grew, a problem came sharply into focus: An internal presentation warned top executives that the way the company had been applying this proxy cost was potentially misleading. That’s because Exxon didn’t have one projected cost of carbon. It had two.

Top Contributors

John Horstman (itchydogimages, SINOBUG)alpenglowtravelersDiegojack–MARCO POLO–tucker.tterence
Garden Reflections

Water droplets

Jacinthe des Bois Angénieux 75mm F 3.5 Type X1

Myosotis Angénieux 100mm F 3.5

Flor-472

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