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Exxon CEO Urges Trump to Keep US in Climate Efforts

ExxonMobil CEO advocates for US climate engagement despite Trump's stance.

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United States

PoliticsUs PoliticsClimate ChangeEnergy SecurityInvestmentPolicyEnergyClimate

Exxon MobilUnited NationsEconomic Club Of New York

Donald TrumpDarren WoodsJoe Biden

What factors influence ExxonMobil's production decisions?: Despite Trump's 'drill, baby, drill' campaign slogan, ExxonMobil has not experienced production constraints under the Biden administration and its production is determined by financial considerations.
How does Trump's stance on climate change differ from ExxonMobil's?: Trump's past withdrawal from the Paris Agreement and planned cuts to climate-related funding contrast sharply with Woods's call for continued US engagement.
How might a Trump presidency affect ExxonMobil's oil and gas production?: Woods downplayed concerns about potential changes to ExxonMobil's oil and gas production under a Trump presidency, emphasizing that production decisions are driven by shareholder returns, not political factors.
What is ExxonMobil CEO Darren Woods's stance on US involvement in global climate efforts?: ExxonMobil CEO Darren Woods advocates for continued US involvement in global climate efforts, urging a 'common sense' approach from President-elect Trump.
What are ExxonMobil's plans for investment in climate-related technologies, and what is their dependence on?: ExxonMobil's significant investments in carbon capture, hydrogen, and lithium mining are contingent upon federal tax credits, making them vulnerable to policy changes under a potential Trump administration.

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