In brief
Darren Woods, chief executive of Exxon Mobil, strongly advised President-elect Donald J. Trump against withdrawing from the Paris climate agreement, warning that such a move would create a substantial void in global climate discussions. Speaking at the annual U.N. climate summit held in Baku, Azerbaijan, Woods emphasized the importance of climate negotiations as a platform for Trump to implement sensible policies. He referred to the need for a cooperative global system to manage emissions effectively and posited that the government should incentivize the energy sector's transition to cleaner options. Woods' notable attendance came against the backdrop of several absent leaders, including President Biden and executives from major oil companies like Shell and Chevron, at this critical gathering.
Trump Urged to Maintain Commitment to Paris Climate Agreement at COP29Amid significant diplomatic absences, Exxon Mobil's CEO highlights the role of the U.S. in global climate negotiations at the U.N. summit in Azerbaijan.Darren Woods, chief executive of Exxon Mobil, strongly advised President-elect Donald J. Trump against withdrawing from the Paris climate agreement, warning that such a move would create a substantial void in global climate discussions. Speaking at the annual U.N. climate summit held in Baku, Azerbaijan, Woods emphasized the importance of climate negotiations as a platform for Trump to implement sensible policies. He referred to the need for a cooperative global system to manage emissions effectively and posited that the government should incentivize the energy sector's transition to cleaner options. Woods' notable attendance came against the backdrop of several absent leaders, including President Biden and executives from major oil companies like Shell and Chevron, at this critical gathering.