«All of Exxon Mobil's
current hydrocarbon reserves will be needed, along with substantial industry investments, to address global energy needs,» William Colton, vice president of corporate strategic planning, said in a statement.
Releasing a report responding to Ceres — a group made up of institutional investors which has for years been pushing resource companies to disclose their carbon bubble risks — Exxon vice-president of corporate strategic planning William Colton said, «All of ExxonMobil's
current hydrocarbon reserves will be needed, along with substantial future industry investments, to address global energy needs.»