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For Immediate Release
Contact:

Lindsay Meiman, lindsay@350.org, (347) 460-9082

350.org on ExxonMobil Supporting Carbon Tax: "More of the Same Delay and Deceit"

Today, multiple sources revealed that ExxonMobil, the world's wealthiest oil company, will support a plan that calls for a carbon tax.

NEW YORK

Today, multiple sources revealed that ExxonMobil, the world's wealthiest oil company, will support a plan that calls for a carbon tax. The plan also calls for scrapping decades of hard-won climate and community protections, and shielding fossil fuel companies from lawsuits that would uphold accountability for perpetuating climate change.

In light of this, Jamie Henn, 350.org Strategic Communications Director, issued the following statement:

"It's important to separate the game from the truth. Exxon is signing onto this carbon tax proposal because they know it's dead-on-arrival, but hope it will distract from the ongoing investigations into whether the company lied to the public and its investors about climate change. We already know from the New York Attorney General's investigation that Exxon misled investors about its internal carbon tax, stating one price externally but using a lower internal price to double down on fossil fuel extraction. Exxon has a decades-long track record of misleading the public on climate change, this is just more of the same delay and deceit.

350 is building a future that's just, prosperous, equitable and safe from the effects of the climate crisis. We're an international movement of ordinary people working to end the age of fossil fuels and build a world of community-led renewable energy for all.