Statement of Fred Krupp, President, Environmental Defense Fund
May 19, 2021
Cristina Mestre, (212) 616-1268, firstname.lastname@example.org
“Climate change presents profound business risks and opportunities for all companies, especially those operating in the most carbon intensive sectors. Industry leaders – including energy producers and vehicle manufacturers – are adopting plans to address and capitalize on a rapid transition to net zero emissions across the global economy.
“In the face of compelling scientific data highlighting the urgency of the energy transition, ExxonMobil has nonetheless increased spending on traditional oil and gas production…