This is a big story about what Exxon Mobil knows. But it’s also about what Exxon—and its peers in the oil industry as a whole—want investors, decision makers and the public to see about how their long-term business plans correspond to the climate future. Whether they openly acknowledge it or not, every major oil and gas company is moving down the pathway to a warmer tomorrow with tighter constraints on carbon emissions. We can see this shift happening before our eyes. Eight of the 10 largest economies in the world have net-zero goals, and with the arrival of President Joe Biden that number will soon reach nine. Institutional investors with trillions of dollars in assets see this, too, and that means they will insist on data about future emissions. It is data Exxon and other major oil companies have, although it is rarely shared with investors. That disclosure gap […]