There’s something missing in Exxon’s net-zero target for 2050

Exxon Mobil Corp (NYSE: XOM) on Tuesday said it was targeting net-zero greenhouse gas emissions by 2050. Shareholders responded well to the announcement, resulting in a close to 3.0% gain in the stock price. CEO Woods’ remarks on CNBC’s “Squawk Box” Exxon might have been behind its peers in formally committing to net-zero carbon emissions, […]