Exxon CEO Darren Woods on climate change, ESG investing, coronavirus and more

by MAC



CNBC’s Becky Quick spoke with Exxon Chairman and CEO Darren Woods about ESG investing, climate change, the impact of the coronavirus outbreak and more.

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19 comments

J L September 13, 2020 - 10:00 pm

great example of mainstream media's ties to the fossil fuel industry.

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Carlinho September 13, 2020 - 10:00 pm

Remember in Houston when the gallon came close to $ 4 dollars, it was a miserable few days, he only lived to pay for gas from Houston North west to Baytown to go home. I hope these oil companies do much worse so that they feel it is paying a false inflated price apart. They pollute the world miserably.

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Saucy Wench September 13, 2020 - 10:00 pm

If Exxon Mobil wants to have it's head explode I dare them to ask the IPCC why solar particle forcing effects have not been included in the climate models. I absolutely dare them.

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orange70383 September 13, 2020 - 10:00 pm

Growing up in the 1970's the noon-day sun was very much yellow in color, now the noon-day sun is a blinding white color. Why is it that this fact is not mentioned by anyone. The sun is literally in your face on most days yet people don't notice a dramatic and obvious change in our sun, it's beyond bizarre.

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grindupBaker September 13, 2020 - 10:00 pm

He says Exxon's working on carbon capture & storage (CCS). They're all watching that Journey To The Centre Of The Earth movie from 60 years ago to find the giant cave in the middle of Earth to pump 40,000,000,000 tonnes / year of carbon dioxide (CO2) into.

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server1 September 13, 2020 - 10:00 pm

Nice tan Becky 🙂

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Tom Brown September 13, 2020 - 10:00 pm

Tune in next week when CNBC interviews top Catholic officials on the benefits of atheism.

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JBW September 13, 2020 - 10:00 pm

Stop subsidizing these guys

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Christopher Calder September 13, 2020 - 10:00 pm

Carbon creatures fighting carbon is suicide, not science. The war on carbon is a war on food, housing, medicine, transportation, clothing, and life itself. What do you use everyday that is not made from or transported with the help of carbon? Even Al Gore and Greta Thungerb are 18.5% carbon by weight. You expel carbon dioxide every time you breathe out, and you emit methane every time you pass gas. A carbon free world would be as dead as our moon. Windmills, solar panels, and biofuels DO NOT reduce carbon emissions and they increase pollution when used for large scale energy production. The renewable energy fad has increased unemployment, food cost inflation, and deaths due to poverty and malnutrition. Bernie Sanders and the entire Democratic Party have gone insane with climate hysteria.

For scientific details, please see New Climate Discovery at http://renewable.50webs.com/Zeller.Nikolov.html

For black humor, please see Climate Hysteria in Pictures at http://renewable.50webs.com/The-cult-of-windmill-worship.html

For deep climate science background information, please see Video Tutorial Cures Climate Hysteria at http://renewable.50webs.com/Video-Tutorial.html

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jron20 r September 13, 2020 - 10:00 pm

Exxon = climate change like Donald Trump=Humanitarian…..What a joke Your business is poison.

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Henning Husum September 13, 2020 - 10:00 pm

Unclear messages and doubt is our product.
On the one hand our PR campaigns try to look as if we have understood what our own scientists and climate science has found out: co2 is not simply plant food. It is also causing global warming.
On the other hand we still support the climate denialist organizations as The Heartland Institute.
I wonder what will happen when ordinary people find out that they have been cheated upon and left behind with less opportunities to make the transition to a low carbon future? When they realize the consequences of the misinformation to themselves, their children, grandchildren, and their communities? Can democracy cope with that? Can capitalism?

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Marius Kalmer September 13, 2020 - 10:00 pm

What a desaster at the moment…unbelievable.

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Joe Tran September 13, 2020 - 10:00 pm

Walk the line whether oil is needed in the future or not responsible and accountable should be practiced

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Sergi Medina September 13, 2020 - 10:00 pm

I'm an ecologist. But I must admit that Exxon just sells to businesses and people what they ask for. It's probable Exxon and other energy companies won't disappear due to climate concerns, but rather they will completely switch to cleaner energies as soon as people, or rather countries, are ready. Not before, as they aren't forcing any country to consume oil…

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TankUni September 13, 2020 - 10:00 pm

'Becky – our objective is to make it look like we're doing something meaningful about climate change while continuing to sell as much oil and gas as possible, because our first responsibility is to our shareholders and certainly not to humanity or future generations. And I think you'd have to agree Becky, this makes a lot of sense.

In the meantime I'll talk about '15% methane reduction' and 'young people', but we will continue to fund right-wing think-tanks like the Heritage Foundation, who's mission it is to keep the public in doubt about climate change – thus delaying any effective legislation to deal with the environmental crisis that the continued, heavy usage of our product is creating. And I'm very happy to say that you need only browse the internet to see how well that investment has paid off for us.

Now obviously I can't say all that to you out loud Becky, but you're a smart person and can figure out that that's what my specially coded, PR department crafted wording means.'

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Falk Janßen September 13, 2020 - 10:00 pm

Exxon is in the same position as horse feed producers a hundred years ago. Business might be better then ever but the end is nigh.

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The Truth September 13, 2020 - 10:00 pm

Elon Musk will push you back in the sea. God bless Elon Musk.

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The Truth September 13, 2020 - 10:00 pm

All the free cash injection is biting hard. Down another 1100 off the S&P 500 is only fare.

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Kurt Saik September 13, 2020 - 10:00 pm

Why now?

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