The CEO of Exxon Mobil Corp. says there’s no quick replacement for oil, and sharply cutting oil’s use to reduce greenhouse gas emissions would make it harder to lift 2 billion people out of poverty.
“What good is it to save the planet if humanity suffers?” CEO Rex Tillerson said at the oil giant’s annual meeting Wednesday.
by David Koenig, TPM |
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Image: Donna McWilliam