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.”

  • chillhelm@lemmy.world
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    9 months ago

    “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.