Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal
https://www.nytimes.com/2024/11/12/business/energy-environment/exxon-mobil-baku-climate-cop29.html
15 replies (most recent on top)
😂😂😂😂😂😂
Look at the LCS employees and management. All are incompetents and fakes. They will use it for their promotions and fake accomplishments. LCS is going to be a failure in long term. the team is no better than the BTC fools.
Vanguard and Blackrock voted for LCS through Engine1, but American people have spoken by choosing Trump. Lots of green jobs will be lost across the whole country. LCS will probably downsize drastically across the next four years only delivering what they promised so far. Then who knows, maybe after four years the pendulum will swing again..
How long do you think taxpayers will be OK with huge checks being written to oil companies? It is flawed from the beginning no matter who is in office.
Basically, no subsidies, which seems very unlikely given which party will be in control, then no LCS and then a lot of folks will find themselves out of a job due to “performance issues”.
Talk about a “leopard ate my face” moment: Vote republican, get fired.
Investors wanted LCS when they approved EngineNo1. DW has no fault in that.
Funding this sh-t through taxes is theft. All for Darren's pocket book
It is all about cash flow. With refining and petrochemicals at bottom of cycle earnings for the next five years, receiving government subsidies is important to our cash flow.
What kind of "leader" builds a business on government subsidies? Only an imbecile would do this. This must be one of the worst strategic mistakes in the history of Corporate America.
Guess we shouldn't have bought Denbury
LSC is deadman walking and they all know it.
If we keep the subsidies could we use some that cash to get some better toliet paper?
‘The age of the b-ms is over’ - Mr. Lebowski to the Dude in Big Lebowski
And there go Danny boy and his gang... straight to the unemployment line. Sorry HiPos, you made the wrong career move when you went to LCS. Now your necks are on the line. Goodbye.
Woods said government policies are critical to encouraging investment in the energy transition, where lower-emission technologies often come with a green premium.
“If you look at the drives to invest in the transition, there aren’t any market forces or incentives to invest, which is why government policy is either mandating or subsidizing,” he said. “To go from the system that we have today to a less-carbon-intensive system is going to require money, and it’s going to be more expensive.”
“What the world needs is a transition that companies can make money on and generate returns on,” he said. “Otherwise, you’re not going to drive the investment that you need.”