The Environmental Protection Agency's plan to regulate carbon dioxide as a health hazard is the "least efficient and least transparent" way to reduce emissions linked to global warming, ExxonMobil said. New emissions regulations could cause more harm to the economy and the oil sector than the climate-change bills pending in Congress, said Ken Cohen, ExxonMobil's vice president for public and government affairs. "I don't believe the EPA was set up to deal with a problem of this type, a regulatory challenge of this type," Cohen added.

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