Exxon’s bad reputation got in the way of its industry-wide carbon capture proposal
Enlarge / Environmental activists rally for accountability for fossil fuel companies outside of New York Supreme Court on October 22, 2019 in New York City. (credit: Drew Angerer / Getty Images)
ExxonMobil has been the prime target of activists and politicians angered by the oil industry's efforts to block action on climate change. Now, newly disclosed documents confirm that the oil company's reputational woes have extended into the industry itself and threatened to derail Exxon's biggest climate proposal to date.
Last year, Exxon struggled to gain support from its peers when it proposed a cross-industry effort to build a carbon capture and storage hub in Houston, according to documents released by the House Committee on Oversight and Reform, which has been investigating the oil industry. Top executives at Shell, in particular, worried that joining with Exxon would present an unacceptable risk" to the European oil major's reputation.
I am not interested in participating with any advocacy effort led by" Exxon, wrote Krista Johnson, Shell's head of US government relations, in a July 2021 email to Gretchen Watkins, president of Shell USA. Johnson said their competitor was continuing to draw negative headlines and that zero companies" were prepared to join an Exxon-led consortium at that time.