The world isn’t on track to meet its climate goals — and it’s the public’s fault, a leading oil company CEO told journalists. Exxon Mobil Corp. CEO Darren Woods told editors from …

Woods argued the “dirty secret” is that customers weren’t willing to pay for the added cost of cleaner fossil fuels.

In his comments Tuesday, Woods argued the “dirty secret” is that customers weren’t willing to pay for the added cost of cleaner fossil fuels.

Referring to carbon capture, Woods said Exxon has “tabled proposals” with governments “to get out there and start down this path using existing technology.”

“People can’t afford it, and governments around the world rightly know that their constituents will have real concerns,” he added.

“So we’ve got to find a way to get the cost down to grow the utility of the solution, and make it more available and more affordable, so that you can begin the [clean energy] transition.”

For example, he said Exxon “could, today, make sustainable aviation fuel for the airline business. But the airline companies can’t afford to pay.”

  • PoliticalAgitator@lemmy.worldEnglish
    2·
    4 months ago

    He’s in touch with reality, he’s just manipulating people.

    They have definitely crunched the numbers on cleaner alternatives – both real and bullshit ones – but found them to be ultimately less profitable and therefore something they’ll never, ever do.

    He wants us to fix it for him by overpaying for electricity, ensuring their record profits continue to grow, squeezing every stone for every drop of blood.

    If we don’t, he’ll watch the human race choke and starve from his lavishly appointed doomsday bunker, telling them “this is your fault for being so greedy”.