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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.”
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For real, quotes like this tell me rich people feel way to comfortable.
Man, this is some S-tier trolling having corporate IP watermarked calls for communist revolution.
Oh look, another CEO not in touch with reality trying to gaslight the general public.
I would say that he’s probably mostly in touch with reality. He just doesn’t care that he’s hurting people and destroying the planet because he personally profits from it.
“got mine, fuck you—and your children and children’s children, too.”
“… and also fuck my own children and their descendants.”
That’s the bit that puzzles me, but I guess the answer is either
- they mistakenly think climate change will spare their rich descendants, or
- they’re so pathologically selfish they can’t muster up any real concern for their own children and grandchildren.
I would say Number 1. Rich people live in a completely different world than us plebs.
It’s time to us to make the rich realize that they live in the same reality.
The reality being that he’s above the law and will never want for any material goods the rest of his life.
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”.
“customers weren’t willing to pay for the added cost of cleaner fossil fuels.” says CEO of company that made $36 billion in profits last year.
What’s this “extra” cost? My bill is down by £1,000s since I stopped buying fossil fuels.
Meanwhile…
ExxonMobil is suing investors who want faster climate action
But sure, the lack of climate action is the public’s fault and Exxon would love to help but has its hands tied.
There is no such thing as ‘cleaner fossil fuels’… They’re all dirty, polluting, and causing climate change. That language is just intentional misdirection.
Good point. He’s not saying non-fossil energy sources. I missed that.
“We totally would have saved the climate if you had only paid us enough.” Bitch, please.
The trillions the oil industry has earned over the years were not enough?
You had enough money, you had the knowledge of the problem and what you could do to fix it and you had enough time to change your strategy from lieing and denying.The only thing you didn’t have was the will to give up a single cent to help clean up the damage you have done.
Imagine what could have been done with half of the 52 trillion the oil and gas industry earned in the last 50 years (that’s without coal, even). Imagine how far we could have developed renewable energy sources. What we could have achieved with carbon capture. What could be done today if the fossil industries propaganda hadn’t turned climate change into a question of political opinions.
Fuck that guy. He and his ilk created this mess and they got fat of it. He doesn’t get to shift blame.
Well, if you want to get suuuuuper technical, he’s right. The general public is responsible for not tearing down every single Exxon gas station brick by brick, ripping up the roads and rails to the refineries, and dragging both him and the board of executives before an angry mob to answer for their choices. Because, you know, that is technically always a possibility.
But I don’t know that I’d be going around reminding people of that if I were him. Weird flex, but I guess that’s his choice.
Ahh I see we’ve reached the ‘okay so we did do it, but it’s not our fault’ stage
Phase 1: It’s not happening at all
Phase 2: It’s happening, but it’s a natural process
Phase 3: Ok, it’s happening and it’s your fault
Phase 4: ???
You deserve it.
Had to double check it’s not an article from The Onion…
I LOL’d out loud at the headline.
sells nuclear bomb to Joe down the street for massive profits
“Hey, don’t blame me for Kentucky exploding that’s all on Joe”
Is it me or are rich people TRYING to get beheaded lately?
“So we’ve got to find a way to get the cost down to grow the utility of the solution"
Yes. Change the way costs are assigned in the economic system with a heavy bias against pollutants.
respectfully, how is it our fault that oil, that has been around for more longer hence it is more, cheaper than renewable alternatives?
Not to mention that these bastards knew something had to be done decades ago because they themselves looked into it but they used that early warning to delay, delay and delay, so they could continue earning maximum profits down to the last second, and then a good few years past that.
And what the fuck is this guy smoking? “Clean” fossil fuels? No, you realized your business would not survive in a world where this problem gets dealt with, so you actively sabotaged the ability of your own species to pick up on the problem.
This is an old tactic, and it’s been used by the oil industry before.
Plastics are polluting our environment? “It’s not the industry’s fault. It’s because individuals litter and don’t recycle. No need to have the government regulate the industry.”
If they can convince people that it’s their fault, then there is no need for industry to change.
Even if it were 100% the case that this was the fault of individuals, sounds like the government should be regulating the industry to cease producing plastic for which it’s a problem if people litter.
Ha. I forgot the previous CEO of Exxon was “Sleepy” Rex Tillerson, former Secretary of State who got fired by tweet while in the shitter.
