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The Guardian - US
The Guardian - US
Business
Andy Rowell and Nina Lakhani

How Exxon chases billions in US subsidies for a ‘climate solution’ that helps it drill more oil

Fumes come out of a oil and gas facility
An Exxon facility in Baton Rouge, Louisiana, on 28 February 2020. Photograph: Barry Lewis/In Pictures via Getty Images

When the oil giant ExxonMobil sponsored an event at the re-energizing Democratic national convention (DNC) in Chicago last week, it was disrupted by climate activists outraged that big oil was invited on to an influential political platform. “Exxon lies, people die,” protesters shouted before being evicted.

The event included a “fireside chat” with Vijay Swarup, the company’s senior climate strategy and technology director. Swarup is a 30-year Exxon veteran who headed the company’s research and development team for just under a decade, and oversaw initiatives on biofuels, carbon capture and storage (CCS) and hydrogen.

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