"Exxon Mobil CEO Addresses Challenges and Ideologies on the Path to Net Zero"

1 min read
Source: Fortune
"Exxon Mobil CEO Addresses Challenges and Ideologies on the Path to Net Zero"
Photo: Fortune
TL;DR Summary

Exxon Mobil CEO Darren Woods highlights the cost and responsibility associated with achieving net-zero emissions by 2050, emphasizing the need for transparency and willingness to pay for carbon reduction. Despite the company's investments in lower-emission initiatives, Woods believes that current policies are not aggressive enough and that both individuals and businesses need to bear the cost burden. He acknowledges the challenges in making clean energy solutions more affordable and advocates for a shift towards market forces and regulation to drive the transition.

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