okebet Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal

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okebet Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal
Updated:2024-11-23 03:30    Views:54

Darren Woods, the chief executive of Exxon Mobil, cautioned President-elect Donald J. Trump on Tuesday against withdrawing from the Paris agreement to curb climate-warming emissions, saying Mr. Trump risked leaving a void at the negotiating table.

Mr. Woods, speaking at an annual U.N. climate summit in Baku, Azerbaijan, described climate negotiations as opportunities for Mr. Trump to pursue common-sense policymaking.

“We need a global system for managing global emissions,” Mr. Woods said in an interview with The New York Times in Baku. “Trump and his administrations have talked about coming back into government and bringing common sense back into government. I think he could take the same approach in this space.”

Mr. Woods, who also attended last year’s climate talks in Dubai, urged government officials to create incentives for companies to transition to cleaner forms of energy in a profitable way.

“The government role is extremely important and one that they haven’t been successfully fulfilling, quite frankly,” he said, noting that his company was obligated to generate profits for its shareholders.

Mr. Woods’s presence in a stadium teeming with diplomats is all the more noteworthy because of who is not here in Azerbaijan, a petrostate on the Caspian Sea that was once part of the Soviet Union. Many heads of state, including President Biden, have taken a pass, as have the leaders of several big oil companies like Shell and Chevron.

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