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] 3 points 8 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.