"Darren Woods tells Fortune consumers not willing to pay for clean-energy transition, prompting backlash from climate experts".
"The world is off track to meet its climate goals and the public is to blame, Darren Woods, chief executive of oil giant ExxonMobil, has claimed – prompting a backlash from climate experts.
As the world’s largest investor-owned oil company, Exxon is among the top contributors to global planet-heating greenhouse gas emissions. But in an interview, published on Tuesday, Woods argued that big oil is not primarily responsible for the climate crisis.
The real issue, Woods said, is that the clean-energy transition may prove too expensive for consumers’ liking.
“The dirty secret nobody talks about is how much all this is going to cost and who’s willing to pay for it,” he told Fortune last week. “The people who are generating those emissions need to be aware of and pay the price for generating those emissions. That is ultimately how you solve the problem.”"
Dharna Noor and Oliver Milman report for the Guardian March 4, 2024.
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