Axios What's Next, our new weekday newsletter will be your guide to the waves of change in how we work, play and get around. This Axios AM Deep Dive gives you a taste of what we have in store...
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Axios What's Next, our new weekday newsletter will be your guide to the waves of change in how we work, play and get around. This Axios AM Deep Dive gives you a taste of what we have in store...
Exxon CEO Darren Woods on Friday released his second statement in three days on two lobbyists' covertly recorded comments, another sign of how concern about them has reached the highest levels of the powerful oil giant.
Driving the news: The statement says Exxon is committed to addressing climate change, citing the recent creation of its “Low Carbon Solutions” unit that’s focused on carbon capture tech and hydrogen.
Catch up fast: One of lobbyist Keith McCoy’s comments — made on a covert recording by a Greenpeace activist posing as a corporate recruiter — compares lobbying to reeling in lawmakers like fish.
What's new: On Thursday Greenpeace released more information from its interview with McCoy.
Woods’ new comment states: "We have great respect for policy makers, elected officials and organizations across the political spectrum who are grappling to effectively address climate change, one of the greatest challenges of our time."
The recorded comments by Greenpeace — which on Wednesday brought the first public apology and disavowal from Woods — are a window into Exxon's lobbying strategy.
By the numbers: The chart above shows the oil giant's quarterly lobbying over the last five years.
What we're watching: The fallout. Environmental activists are using McCoy's remarks about Exxon's influence on infrastructure legislation to call for aggressive climate measures.