ExxonMobil softens its stance on climate change, distances itself from global warming skeptics

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Now, Exxon has cut off funding to a handful of those outside groups. It says climate-science models that link greenhouse-gas concentrations to global warming are getting more reliable. And it is meeting in Washington with officials of other large corporations to discuss what form the companies would prefer a possible U.S. carbon regulation to take.

…the company’s subtle softening is significant and reflects a gathering trend among much of U.S. industry, from utilities to auto makers. While many continue to oppose caps, these companies expect the country will impose mandatory global-warming-emission constraints at some point, so they are lining up to try to shape any mandate so they escape with minimum economic pain.

via Wall Street Journal, MSNBC

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