$XOM headlines the 30% absolute reduction it expects in its upstream GHG emissions by 2025, then buries this in the footnotes: "Plans cover Scope 1 and Scope 2 emissions...for assets currently operated by the company by the end of 2025." i.e. nothing they bring on post 2020
so this is basically just taking credit for the decline curve?
it fits a pattern with the company of making things sound more impressive than they actually are: a GHG target that leaves out non-operated emissions (half of $XOM's production) and all of its product emissions; a low-carbon business unit that just repackages existing projects
and the biggest of them all: claiming to be "Paris aligned" when the company has no plans to actually reduce its largest source of emissions (and risk)--the carbon embedded in its products
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