Exxon Praises ‘Monumental’ Paris Agreement in Signal to Trump

Exxon Mobil Corp., the U.S. oil giant that’s facing investigations over what it knew and when about climate change, sees the Paris agreement to mitigate global warming as a “monumental” achievement, according to a top executive.  The company supports the December 2015 Paris accord as a “very meaningful and constructive process,” William M. Colton, Exxon’s vice president for corporate strategic planning, said in an interview in Berlin. Adhering to the accord’s commitments are achievable and compatible with Exxon’s business strategy, he said. Exxon “fully appreciates and acknowledges the risk posed by climate change,” Colton said, following a panel discussion at an energy conference. “We really admire the Paris process, where you have all the major nations of the world coming together on a global basis -- for it is a global challenge.”