The biggest U.S. oil company wants to pay every American a dividend. AP Photo/Richard Drew

Taxing carbon may sound like a good idea but does it work?

Exxon Mobil has a clear motive to back a new plan to tax carbon with its clout and money. And a carbon tax that is high enough to work might prove politically impossible to enact.
Protesters have sought for years to force Exxon Mobil to disclose the risks it faces due to climate change and to do more to minimize them. AP Photo/LM Otero

Exxon Mobil’s about‑face on climate disclosure

The oil giant is bowing to pressure exerted by shareholders and the authorities as it tries to catch up with its competitors.
Efforts to combat climate change are making extracting oil from areas like Canada’s tar sands fields more expensive. Emily Beament/PA Wire via AP

Are fossil fuel companies telling investors enough about the risks of climate change?

The Trump administration may reverse a recent push to require oil companies to disclose more information about climate change risks to investors. Is that a good thing?
Efforts to combat climate change are making extracting oil from areas like Canada’s tar sands fields more expensive. Emily Beament/PA Wire via AP

Should oil companies like Exxon be forced to disclose climate change risks?

The SEC and others are pressing Exxon to disclose more climate change risks to investors. But new research suggests shareholders are already pricing in those costs on their own.

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