Exxon Boasts It Will Hit Emissions Target Four Years Early

Exxon will meet its greenhouse-gas emission reduction target for 2025 four years earlier than planned as the company ramps up investment in low-carbon energy. The supermajor said it had allocated $15 billion in investments in low-emission initiatives, and this will help it meet its emission reduction target by the end of this year.

“As a result of our progress, we’re working on even more aggressive reduction plans that are consistent with our support for the goals of the Paris Agreement, the U.S. and European Union’s Global Methane…