In Shift, Exxon Mobil to Report on Risks to Its Fossil Fuel Assets - NYTimes.com - 0 views
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Adriana Trujillo on 25 Mar 14ExxonMobil is to become the first fossil-fuel giant to report on threats to its oil and gas assets due to possible future regulation of carbon emissions. The move won plaudits from clean-energy campaigners, who say fossil fuels will become economically unviable as governments tackle carbon emissions. "That the largest American oil and gas company is the first to come to the table on this issue says a lot about the direction that energy markets are taking," says Danielle Fugere, president of As You Sow