Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Exxon CEO Darren Woods. Photo: Justin Chin/Bloomberg via Getty Images

Exxon CEO Darren Woods on Friday released his second statement in three days on two lobbyists' covertly recorded comments, another sign of how concern about them has reached the highest levels of the powerful oil giant.

Driving the news: The statement says Exxon is committed to addressing climate change, citing the recent creation of its “Low Carbon Solutions” unit that’s focused on carbon capture tech and hydrogen.

  • It also says that while Exxon backs a carbon tax, it is "actively and publicly discussing other options, including lower-carbon fuels and other sector-based approaches that would place a uniform, predictable cost on carbon."

Catch up fast: One of lobbyist Keith McCoy’s comments — made on a covert recording by a Greenpeace activist posing as a corporate recruiter — compares lobbying to reeling in lawmakers like fish.

  • Elsewhere, he said Exxon knew when advocating for a carbon tax that it was highly unlikely one would be enacted, but that it gives Exxon a "talking point."

What's new: On Thursday Greenpeace released more information from its interview with McCoy.

  • The Hill reports: "A lobbyist for ExxonMobil said that it pushed trade groups to be at the forefront on an issue dealing with a class of toxic chemicals, saying in recordings taken by undercover activists that he didn’t want the company tied to those chemicals."

Woods’ new comment states: "We have great respect for policy makers, elected officials and organizations across the political spectrum who are grappling to effectively address climate change, one of the greatest challenges of our time."

Charting Exxon's influence spending
Data: Lobbying Disclosure Act filings; Chart: Axios Visuals

The recorded comments by Greenpeace — which on Wednesday brought the first public apology and disavowal from Woods — are a window into Exxon's lobbying strategy.

By the numbers: The chart above shows the oil giant's quarterly lobbying over the last five years.

  • While it's millions of dollars for the company that employs many in-house and outside lobbyists, the amounts are lower than some other periods.
  • For instance, the quarterly totals exceeded $9 million in Q3 of 2008 and Q1 of 2009, Lobbying Disclosure Act records show.

What we're watching: The fallout. Environmental activists are using McCoy's remarks about Exxon's influence on infrastructure legislation to call for aggressive climate measures.

  • Meanwhile, Bloomberg columnist Liam Denning writes that Exxon could face problems convincing already skeptical investors that it's well-positioned on climate.
  • "What exactly is [CEO Darren] Woods going to say about that shiny new low-carbon business on the next conference call (or to its employees)? ESG-minded investors won’t likely be impressed by the spectacle of lobbyists smirking as they openly confirm everything already suspected about Exxon’s climate aspirations."

Go deeper: Exxon lobbyists' unfiltered climate remarks caught on video by Greenpeace

Go deeper

ExxonMobil's newest headache may be contagious

Illustration: Sarah Grillo/Axios

ExxonMobil CEO Darren Woods' public apology for two lobbyists' unfiltered comments is unlikely to put the controversy behind the oil giant, and the revelations may also intensify the glare on the wider industry over climate change.

Driving the news: A government affairs official compared lobbying to catching lawmakers like fish and acknowledged that the company's carbon tax support is mainly for show, in a video captured by a Greenpeace activist posing as a corporate recruiter.

Pelosi says it's her "plan" to appoint GOP Rep. Kinzinger to Jan. 6 committee

House Speaker Nancy Pelosi (D-Calif.) said Sunday that it is her "plan" to appoint Rep. Adam Kinzinger (R-Ill.) to the House select committee investigating the deadly Jan 6. Capitol riots.

Why it matters: Pelosi's statement to ABC's "This Week" comes after she rejected two of the five Republican appointments offered by House Minority Leader Kevin McCarthy (R-Calif.).

Updated 3 hours ago - Sports

Olympics dashboard

⛳️: Golfer Bryson DeChambeau will miss Olympics after testing positive for COVID

📺: The Olympic events to watch today

🏊: Athlete spotlight — When to watch swimming star Katie Ledecky

🏀: U.S. Men's basketball suffers first Olympic loss since 2004

🤖: The robot Olympics

🚨: Heat wave brings scorching temperatures to Tokyo Olympics

🎤: Meet the new faces of NBC's Olympics coverage

Go deeper: Full Axios coverage