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Greenhouse Gases
ConocoPhillips recognizes that human activity, including the burning of fossil fuels, is contributing to increased concentrations of greenhouse gases in the atmosphere that can lead to adverse changes in global climate. While uncertainties remain over the extent of human contributions and the timing and magnitude of future impacts, we are committed to taking action to expand our business planning processes to address greenhouse gas emissions and to develop greenhouse gas targets for our operations. Our commitment to sustainable development provides the foundation for our actions.
In addition to taking action within our own sphere of influence, we intend to play a constructive role in public policy dialogue to devise practical, equitable and cost-effective approaches to stabilize the concentration of greenhouse gases in the atmosphere. It is our view that mandatory national regulatory frameworks that link to international ones are most likely to achieve meaningful global greenhouse gas reductions.
Meeting the twin challenges of taking action on climate change and providing adequate and reliable supplies of energy will require technical innovation, resource commitments and responsible stewardship by energy producers and consumers alike. ConocoPhillips intends to meet these challenges.
ConocoPhillips’ full climate change position can be found on the company’s website.
