At a glance
Exxon updated its forecast to show global emissions will be higher than previously expected by 2050. The company now predicts Earth's temperature could rise 2.5 to 3 degrees Celsius.
Exxon updated its long-term forecast to show global emissions will be higher than previously expected by 2050, and now predicts Earth's temperature could rise 2.5 to 3 degrees Celsius. The revision upward suggests Exxon believes emissions reductions won't happen at the pace scientists recommend.
When an oil company says emissions will keep rising and warming will exceed Paris Agreement targets, that's a prediction about what they think the world will actually do—not a hope or a plan. A 2.5 to 3 degree warming is severe. It means significant sea level rise, agricultural disruption, and climate instability. Exxon is essentially saying they expect the world to fail at emissions reduction. Their forecast becomes a self-fulfilling prophecy if major emitters use it to justify inaction.
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