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Economics of mitigation United States of America

December 2, 2023 – Exxon’s boss vs IEA, planet

One year ago, on this day, December 2nd, 2023,

DUBAI, Dec 2 (Reuters) – Exxon Mobil CEO Darren Woods on Saturday rejected the International Energy Agency’s recent claim that using wide-scale carbon capture to fight climate change was an implausible “illusion”, saying the same could be said about electric vehicles and solar energy.

“There is no solution set out there today that is at the scale to solve the problem,” Woods told Reuters on the sidelines of the COP28 climate summit in Dubai.

The amount of carbon dioxide in the air was roughly 423ppm. As of 2024 it is 423ppm, but check here for daily measures. 

The context was that the oil industry chief execs were turning up in force to COP28, the one with the so-called “Stocktake”. And the chief executives have a habit of saying inconvenient things or truthful things.

What I think we can learn from this. From the mouths of babes. And not-terribly-bright greedheads…

What happened next

MARC TO WRITE IN DECEMBER

What do you think? Does this pass the ‘so what?’ threshold? Have I got facts wrong? Interpretation wrong? Please do comment on this post, unless you are a denialist, obvs.

References

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Also on this day: 

December 2, 1964 – Mario Savio’s “bodies on the gears” speech at Berkeley..

December 2, 1981 – “Is the world getting warmer?” (YES)

December 2, 1991 – “Ecologically Sustainable Development” bites the dust…

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