this post was submitted on 29 Feb 2024
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Woods argued the “dirty secret” is that customers weren’t willing to pay for the added cost of cleaner fossil fuels.

In his comments Tuesday, Woods argued the “dirty secret” is that customers weren’t willing to pay for the added cost of cleaner fossil fuels.

Referring to carbon capture, Woods said Exxon has “tabled proposals” with governments “to get out there and start down this path using existing technology.”

“People can’t afford it, and governments around the world rightly know that their constituents will have real concerns,” he added.

“So we’ve got to find a way to get the cost down to grow the utility of the solution, and make it more available and more affordable, so that you can begin the [clean energy] transition.”

For example, he said Exxon “could, today, make sustainable aviation fuel for the airline business. But the airline companies can’t afford to pay.”

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[–] [email protected] 126 points 6 months ago (2 children)
[–] [email protected] 24 points 6 months ago

For real, quotes like this tell me rich people feel way to comfortable.

[–] [email protected] 16 points 6 months ago (1 children)
[–] [email protected] 9 points 6 months ago

Man, this is some S-tier trolling having corporate IP watermarked calls for communist revolution.

[–] [email protected] 70 points 6 months ago (2 children)

Oh look, another CEO not in touch with reality trying to gaslight the general public.

[–] [email protected] 29 points 6 months ago (2 children)

I would say that he's probably mostly in touch with reality. He just doesn't care that he's hurting people and destroying the planet because he personally profits from it.

[–] [email protected] 7 points 6 months ago (1 children)

"got mine, fuck you---and your children and children's children, too."

[–] [email protected] 5 points 6 months ago (1 children)

"... and also fuck my own children and their descendants."

That's the bit that puzzles me, but I guess the answer is either

  1. they mistakenly think climate change will spare their rich descendants, or
  2. they're so pathologically selfish they can't muster up any real concern for their own children and grandchildren.
[–] [email protected] 2 points 6 months ago

I would say Number 1. Rich people live in a completely different world than us plebs.

It's time to us to make the rich realize that they live in the same reality.

[–] [email protected] 4 points 6 months ago

The reality being that he’s above the law and will never want for any material goods the rest of his life.

[–] [email protected] 2 points 6 months ago

He's in touch with reality, he's just manipulating people.

They have definitely crunched the numbers on cleaner alternatives -- both real and bullshit ones -- but found them to be ultimately less profitable and therefore something they'll never, ever do.

He wants us to fix it for him by overpaying for electricity, ensuring their record profits continue to grow, squeezing every stone for every drop of blood.

If we don't, he'll watch the human race choke and starve from his lavishly appointed doomsday bunker, telling them "this is your fault for being so greedy".

[–] [email protected] 57 points 6 months ago (1 children)

"customers weren’t willing to pay for the added cost of cleaner fossil fuels." says CEO of company that made $36 billion in profits last year.

[–] [email protected] 2 points 6 months ago

What's this "extra" cost? My bill is down by £1,000s since I stopped buying fossil fuels.

[–] [email protected] 49 points 6 months ago* (last edited 6 months ago)

Meanwhile...

ExxonMobil is suing investors who want faster climate action

But sure, the lack of climate action is the public's fault and Exxon would love to help but has its hands tied.

[–] [email protected] 38 points 6 months ago (1 children)

There is no such thing as 'cleaner fossil fuels'.. They're all dirty, polluting, and causing climate change. That language is just intentional misdirection.

[–] [email protected] 1 points 6 months ago

Good point. He's not saying non-fossil energy sources. I missed that.

[–] [email protected] 38 points 6 months ago

"We totally would have saved the climate if you had only paid us enough." Bitch, please.

The trillions the oil industry has earned over the years were not enough?
You had enough money, you had the knowledge of the problem and what you could do to fix it and you had enough time to change your strategy from lieing and denying.

The only thing you didn't have was the will to give up a single cent to help clean up the damage you have done.

Imagine what could have been done with half of the 52 trillion the oil and gas industry earned in the last 50 years (that's without coal, even). Imagine how far we could have developed renewable energy sources. What we could have achieved with carbon capture. What could be done today if the fossil industries propaganda hadn't turned climate change into a question of political opinions.

Fuck that guy. He and his ilk created this mess and they got fat of it. He doesn't get to shift blame.

[–] [email protected] 36 points 6 months ago* (last edited 6 months ago)

Well, if you want to get suuuuuper technical, he's right. The general public is responsible for not tearing down every single Exxon gas station brick by brick, ripping up the roads and rails to the refineries, and dragging both him and the board of executives before an angry mob to answer for their choices. Because, you know, that is technically always a possibility.

But I don't know that I'd be going around reminding people of that if I were him. Weird flex, but I guess that's his choice.

[–] [email protected] 24 points 6 months ago

Ahh I see we’ve reached the ‘okay so we did do it, but it’s not our fault’ stage

[–] [email protected] 19 points 6 months ago* (last edited 6 months ago) (1 children)

Phase 1: It's not happening at all

Phase 2: It's happening, but it's a natural process

Phase 3: Ok, it's happening and it's your fault

Phase 4: ???

[–] [email protected] 4 points 6 months ago

You deserve it.

[–] [email protected] 16 points 6 months ago (1 children)

Had to double check it’s not an article from The Onion…

[–] [email protected] 6 points 6 months ago

I LOL'd out loud at the headline.

[–] [email protected] 14 points 6 months ago

sells nuclear bomb to Joe down the street for massive profits

"Hey, don't blame me for Kentucky exploding that's all on Joe"

[–] [email protected] 11 points 6 months ago

Is it me or are rich people TRYING to get beheaded lately?

[–] [email protected] 10 points 6 months ago

“So we’ve got to find a way to get the cost down to grow the utility of the solution"

Yes. Change the way costs are assigned in the economic system with a heavy bias against pollutants.

[–] [email protected] 9 points 6 months ago

Ha. I forgot the previous CEO of Exxon was “Sleepy” Rex Tillerson, former Secretary of State who got fired by tweet while in the shitter.

[–] [email protected] 9 points 6 months ago (2 children)

respectfully, how is it our fault that oil, that has been around for more longer hence it is more, cheaper than renewable alternatives?

[–] [email protected] 22 points 6 months ago* (last edited 6 months ago)

Not to mention that these bastards knew something had to be done decades ago because they themselves looked into it but they used that early warning to delay, delay and delay, so they could continue earning maximum profits down to the last second, and then a good few years past that.

And what the fuck is this guy smoking? "Clean" fossil fuels? No, you realized your business would not survive in a world where this problem gets dealt with, so you actively sabotaged the ability of your own species to pick up on the problem.

[–] [email protected] 6 points 6 months ago (1 children)

This is an old tactic, and it's been used by the oil industry before.

Plastics are polluting our environment? "It's not the industry's fault. It's because individuals litter and don't recycle. No need to have the government regulate the industry."

If they can convince people that it's their fault, then there is no need for industry to change.

[–] [email protected] 3 points 6 months ago

Even if it were 100% the case that this was the fault of individuals, sounds like the government should be regulating the industry to cease producing plastic for which it's a problem if people litter.

[–] [email protected] 9 points 6 months ago (1 children)

"Cleaner Fossil Fuels" my arse. There's no such thing.

And in terms of money, are Exxon really expecting us to believe that they couldn't possibly shoulder the bill for even attempting to clean up the mess they're actively causing?

[–] [email protected] 0 points 6 months ago

I'm not a scientist, I don't know one way or the other if there are "cleaner" fossil fuels. But I believe the Exxon CEO when he claims there are.

Hanlon's Razor doesn't apply to CEOs. It's always 100% conscious malicious choices.

While it's easy to believe Exxon would make up "we could have done it cleaner but it cost more than the market would bear" its much more in tune with big oil's real strategy of "we absolutely knew about it and beyond doing nothing, we actively suppressed action about it and spent a lot of money ensuring no one else would too."

[–] [email protected] 7 points 6 months ago

I'd say we should burn some company property. But that would add carbon to the atmosphere. CEOs would have such a minimal impact though, I think we can squeeze that in.

[–] [email protected] 6 points 6 months ago

My bad. Keep putting off those guillotine plans.

[–] [email protected] 6 points 6 months ago

"Yes, the government pays us to develop product and then the customers pay us for that product. And you're right, the government does pay us to create machines that can undo the unmitigated disaster created by our product, but who shall pay us to flip the switch that turns the machine on? YOU? I think not, you couldn't afford it! Just for that, I'm not even going to let you look at the machine, which totally exists... You're the liar!"

[–] [email protected] 6 points 6 months ago

You know the problem we created and didn't provide a single option to fix? Well, it's your fault for not fixing out mess!

[–] [email protected] 5 points 6 months ago (2 children)

They're deflecting, but not entirely wrong. Most people rather want to keep their comfortable status quo, than being directly affected by actually effective climate actions. Otherwise people would behave and vote differently. You can't always blame things on the lack of policies when you willingly vote for the people upholding the status quo instead of those who actually want to do something against it. You can see how much resistance there is whenever there's even the slightest bit of climate related policy tried to get shoved through parliaments.

[–] [email protected] 3 points 6 months ago (2 children)

I can't even convince my "liberal" friends and family to buy an electric car (That I know they can afford), because they are afraid of the slight inconvenience of charging. He is right, the West is unwilling to accept a lower standard of living to address oil usage.

[–] [email protected] 3 points 6 months ago

Yeah, and now try to convince people that they shouldn't even drive individual cars at all. It's just not going to happen. Especially not within the next decade. Not that this time frame seem to matter too much now that we potentially are already past the 1.5 degrees, much ahead of time. I guess we as a species deserve what's coming for us. Too bad we had to take so many other casualties on our way.

[–] [email protected] 1 points 6 months ago* (last edited 6 months ago)

I have talked with friends about beef. On the one hand, the beef industry is a terribly cruel process producing a relatively expensive food that's significantly contributing to climate change and destruction of forests. By eating less of it you'd save money, reduce animal and human suffering and protect the planet. On the other hand, it's tasty. Many people will listen to the problems and even acknowledge them, but changing their eating habits is another matter.

[–] [email protected] 3 points 6 months ago

It certainly doesn't help that these people hired the pr firms that did propaganda for big tobacco to kneecap the climate movement. Maybe if they had spent that money in the other direction they could have been collecting subsidizes to develop cleaner fuels.

[–] [email protected] 3 points 6 months ago
[–] [email protected] 3 points 6 months ago

Guess we better fix it then, where's my pitchfork?

[–] [email protected] 2 points 6 months ago

every fossil fuel is converting carbon chains into a gaseous carbon oxide. Coal, oil, gasoline, candle wax, logs, you can burn diamonds and graphite if you want. It's like looking for a radiation free source of nuclear energy.

[–] [email protected] 2 points 6 months ago

That bit of victim blaming sounds like an admission of liability to me.

[–] [email protected] 1 points 6 months ago

nice way to cover your own fat, greedy asses, while you fly around in your private jets

[–] [email protected] 0 points 6 months ago (1 children)

The pusher is telling the junkies that it's their fault.

He's correct (and counting on public apathy).

[–] [email protected] 3 points 6 months ago