FYI Tillerson of Exxon speaking to and in London

June 27, 2007 at 4:45 pm | Posted in CEO, Climate change, Energy policy, Exxon, London, RIIA, Tillerson, UK, US | 1 Comment

Exxon chief criticises US energy bill
By Ed Crooks and Fiona Harvey in London
Published: June 26 2007 22:10 | Last updated: June 26 2007 22:10
Proposed reform of US energy policy passing through Congress “almost defies any sense of logical or rational thinking”, the head of ExxonMobil has told the Financial Times.

Rex Tillerson, chairman and chief executive of Exxon, the world’s biggest energy company, said the energy bill passed by the Senate last week, which is now before the House of Representatives, was playing on the emotions of the American people.

more details behind the Financial Times paywall …

and:

Exxon calls for new climate change laws
by Stuart Matthews on Wednesday, 27 June 2007

Rex Tillerson, chairman and CEO of Exxon Mobil, has pushed the need for legislative action in developing policies that will help the energy industry handle the risks of climate change.

The comments were made in a speech to the Royal Institute for International Affairs in London, UK, and echo those of other oil-major CEOs who have spoken on the same issues. He used the cautious language of risk mitigation, acknowledging the apparent dangers of CO2 emissions, the need for continued research and highlighting some of his own company’s achievements. He also posed some questions.

Full story in ArabianBusinessDOTcom (!)

1 Comment »

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  1. Current US administration thinking on energy is to move from fossil fuels to biofuels. Problem is, if all agricultural land in the world was turned over to biofuel production, it still wouldn’t meet world fuel demand. Oh yes, we’d all starve too – but hey, at least George Bush could carry on driving his SUV without worrying about fuel economy!


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