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A refinery in Anacortes, Wash. In 2016, voters in Washington state rejected an initiative that would have taxed carbon emissions from fossil fuels such as coal and gasoline. Ted S. Warren/AP hide caption

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Ted S. Warren/AP

Wetlands and marshlands that once protected New Orleans and the surrounding areas from storm surge have been depleted over the years. Here, the $1.1 billion Lake Borgne Surge Barrier outside New Orleans in 2015. Mario Tama/Getty Images hide caption

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Mario Tama/Getty Images

To Fight Coastal Damage, Louisiana Parishes Pushed To Sue Energy Industry

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Former Exxon Mobil CEO and Chairman Rex Tillerson testified before the Senate Foreign Relations Committee on Wednesday as nominee to be Donald Trump's secretary of state. Jim Watson/AFP/Getty Images hide caption

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Jim Watson/AFP/Getty Images

Former Exxon Mobil Chairman and CEO Rex Tillerson will give up about $7 million compared with what he would have received had he retired in March as planned. His confirmation hearings for secretary of state are tentatively set to begin Jan. 11. Jon Gambrell/AP hide caption

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Jon Gambrell/AP

Rex Tillerson Cuts Ties With Exxon Mobil In Advance Of Confirmation Hearings

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Russian President Vladimir Putin (left), and Exxon Mobil CEO Rex Tillerson, now the secretary of state-designate, shake hands at a 2012 signing ceremony in Tuapse, southern Russia. Tillerson has expressed a general opposition to the sanctions that the Obama administration imposed on Russia two years ago. Mikhail Klimentyev/AP hide caption

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Mikhail Klimentyev/AP

ExxonMobil Chairman and CEO Rex Tillerson is Donald Trump's pick for secretary of state. Liberals have howled over his nomination and so have some GOP hawks. But should they? Eric Piermont/AFP/Getty Images hide caption

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Eric Piermont/AFP/Getty Images

In this Oct. 20, 2012 photo, people line up to enter a newly opened Apple Store in Beijing. Exxon has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter. Andy Wong/AP hide caption

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Andy Wong/AP