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Exxon Mobil Corp XOM

Alternate Symbol(s):  N.XOM

Exxon Mobil Corporation is an international energy and petrochemical company. Its primary businesses include exploration for, and production of, crude oil and natural gas; manufacturing, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels and lithium. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products include fuels, aromatics, and catalysts and licensing. Its Chemical Products consist of olefins, polyolefins, and intermediates. Its Specialty Products include finished lubricants, synthetics, and elastomers and resins. It also focuses on net-zero greenhouse gas emissions from its operated unconventional operations in the Permian Basin.


NYSE:XOM - Post by User

Bullboard Posts
Post by bc4uon Jan 21, 2013 7:12am
77 Views
Post# 20864806

Joe Biden to climate activists: 'Keep the faith'

Joe Biden to climate activists: 'Keep the faith'

Joe Biden to climate activists: 'Keep the faith'
Joe Biden says the environment will not be a second-tier issue. | Reuters
By ANDREW RESTUCCIA | 1/21/13 6:22 AM EST
Vice President Joe Biden reassured environmentalists Sunday night that the Obama administration would not let climate change fall by the wayside in the president's second term.
"I'll tell you what my green dream is: that we finally face up to climate change," Biden said during a surprise appearance at the "Green Ball," an inaugural weekend event for environmental groups.
The vice president stressed that the environment would not be a second-tier issue and thanked the environmental community for its support for the president.
"I came to say thank you," Biden said to thunderous applause.
While the green groups credit President Barack Obama with making significant progress on environmental issues, including with new regulations on power plant emissions and a dramatic jump in vehicle fuel-efficiency standards, many complain that he has done too little to address what scientists call an increasing threat of catastrophic climate change. The major strategy for dealing with that problem, through cap and trade, died in the Senate during Obama's first term.
Greens are looking for any sign that Obama will offer a new strategy for addressing climate. They're also calling on the president to use his rhetorical powers to drum up public support for the cause and
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