Two Perspectives On Fossil Fuels & Emissions — The Exxon Video
. The wide ranging conversation touched on electric cars, the demand for gasoline and diesel in the future, and where Woods sees his company being in 2040. His answers were enlightening.
There are many exciting new opportunities on the horizon for the company, he said. Hydrocarbons can be rearranged into literally millions of combinations. Oil and gas are just collections of hydrocarbons begging for some clever scientist to turn into new products. He pointed out that Exxon invented butyl rubber, which proves it can be a leader in the innovation of products society needs. He neglected to mention that invention occurred in 1937.
Not surprisingly, he is in the “all of the above” camp, which claims we will need energy from multiple sources. From there, he slides easily into the “we shouldn’t be giving government incentives to wind and solar unless fossil fuels get their fair share, too.” He even had the audacity to look into the camera and declare that Exxon does not seek favorable treatment from government and never has. Uh, huh.
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