Emissions - Overview
Since becoming an independent exploration and production company, ConocoPhillips is now solely focused on our core business of global energy exporation and production.

As a world-class energy producer, the GHG emissions from our operations are significant.  In addition, consumer use of our production (e.g. natural gas) or of products derived from our production (crude oil) results in GHG emissions.  On these pages we report and discuss GHG emissions from our operated assets and the emission intensity of our production.  We also provide an estimate of the GHG emissions associated with consumer use of our production. You will also find information on our methodology and accuracy of GHG measurement as well as the extent to which our GHG emission data is reported and verified.


Impacts - Overview
ConocoPhillips is affected by the laws and regulations to address GHG emissions enacted in countries where we operate.　 The effect of many current and potential GHG regulations will be to establish a price or value for avoided GHG emissions, often referred to as the cost of carbon.　 Compliance with changes in laws and regulations that create GHG emission trading systems or GHG reduction policies could significantly increase our costs, reduce demand for fossil energy derived products, impact the cost and availability of capital, and possibly affect our exposure to litigation.

ConocoPhillips operates in about 30 countries around the world with physical assets in many of these countries.　 As such, the company operations can be exposed to impacts related to a changing physical environment (e.g. rainfall patterns, storm intensity, etc).