transition

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Exxon CEO Warns That Consumers Will Pay For Hasty Energy Transition | OilPrice.com

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ExxonMobil expects all new cars sold two decades from now to be electric vehicles. But the U.S. supermajor also believes that people will “pay a high price” in this rush to renewables without providing the energy the society currently needs, Exxon’s chief executive Darren Woods told CNBC’s David Faber in an interview last week. Exxon …

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ExxonMobil is at a crossroads as climate crisis spurs clean energy transition

ExxonMobil is at a crossroads as climate crisis spurs clean energy transition

Business / By

ExxonMobil is one of the most consequential and profitable companies in U.S. history. For more than a hundred years, the company’s oil and gas have helped power the global economy. But the ExxonMobil of today faces the seemingly opposing priorities of supplying the world with abundant energy and also drastically reducing its carbon footprint to …

ExxonMobil is at a crossroads as climate crisis spurs clean energy transition Read More »

ExxonMobil is at a crossroads as climate crisis spurs clean energy transition

Exxon Mobil is at a crossroads as climate crisis spurs clean energy transition

Business / By

Exxon Mobil is one of the most consequential and profitable companies in U.S. history. For more than a hundred years, the company’s oil and gas have helped power the global economy. But the Exxon Mobil of today faces the seemingly opposing priorities of supplying the world with abundant energy and also drastically reducing its carbon …

Exxon Mobil is at a crossroads as climate crisis spurs clean energy transition Read More »