Exxon CEO Urges Trump to Stay in Paris Climate Accord

1 min read
Source: Fortune
Exxon CEO Urges Trump to Stay in Paris Climate Accord
Photo: Fortune
TL;DR Summary

Exxon Mobil CEO Darren Woods has warned that Donald Trump's potential decision to withdraw the U.S. from the Paris climate agreement could harm the oil industry by creating uncertainty and inefficiency. Despite Trump's "drill, baby, drill" stance, Woods emphasized the need for stable policies for long-term investments. Meanwhile, Elon Musk, once a strong climate advocate, has shifted his focus away from urgent climate action, aligning more with Trump's views. This ongoing policy pendulum creates challenges for businesses like Exxon Mobil.

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