ExxonMobil says the global effort to curtail greenhouse gas emissions isn’t on track to keep the planet’s temperature from rising beyond an increase of 2 degrees Celsius by 2050.
Carbon-dioxide emissions stemming from the world’s burning of fossil fuels and energy consumption will shrink to 25 billion metric tons in 2050, down 26% from a peak of 34 billion in the current decade, the oil giant said in an annual outlook on Monday. Read the full story from The Wall Street Journal.
