Exxon CEO Urges Trump to Uphold Climate Regulations and Paris Agreement

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Source: Semafor
Exxon CEO Urges Trump to Uphold Climate Regulations and Paris Agreement
Photo: Semafor
TL;DR Summary

Exxon CEO Darren Woods argues against scrapping methane regulations and emphasizes the need for oil companies to play a larger role in climate talks, focusing on transitioning existing energy systems to lower carbon rather than replacing them entirely. He criticizes the inconsistent US environmental regulations and stresses the importance of stable policies for business and society. Woods also highlights Exxon's efforts to decarbonize operations and explore alternative hydrocarbon uses, while maintaining that the company will not set targets for reducing scope 3 emissions.

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