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Exclusive | Exxon Says Trump Should Keep U.S. in Paris Climate Pact
Darren Woods, CEO of Exxon, says stops and starts are bad for business- that joining, leaving, and leaving again followed by possible joining again doesn't make sense and is bad for business because it creates a lot of uncertainty.
"I don’t think the stops and starts are the right thing for businesses, it is extremely inefficient. It creates a lot of uncertainty.”
Another factor is that economics drives action on climate change including the reduced prices for solar that make it competitive with natural gas, and natural gas replacing coal. Business operates independently of who is in charge of the administration for the long term.
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