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ExxonMobil cuts off funding to (some) climate deniers

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AP Photo/L.M. Otero

(Read caption) Protesters hold a sign outside the building in Dallas Wednesday where the annual ExxonMobil shareholders meeting was held.

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The oil giant ExxonMobil has announced that it will no longer fund groups that deny the scientific basis of climate change.

On page 41 of its 56-page annual Corporate Citizen Report, ExxonMobil noted that it contributes to "a wide range of academic and policy organizations" to "promote discussion on issues of direct relevance to the company." Then came this:

In 2008 we will discontinue contributions to several public policy research groups whose position on climate change could divert attention from the important discussion on how the world will secure the energy required for economic growth in an environmentally responsible manner.

According to Reuters, the groups that have been cut off include the Capital Research Center, Committee for a Constructive Tomorrow, Frontiers of Freedom Institute, the George C. Marshall Institute, and the Institute for Energy Research.

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