ExxonMobil CEO Defends Manmade Global Warming, Says Humans are Able to Adapt
June 29, 2012 6:01 PM
comment(s) - last by
Rex Tillerson, ExxonMobil CEO
He also addressed fears associated with drilling techniques and oil dependency
ExxonMobil's CEO defended oil and gas drilling by saying that
is something humans can adapt to.
Rex Tillerson, ExxonMobil CEO, said issues like climate change, energy dependence and oil/gas drilling are blown out of proportion. He blames a lazy press, illiterate public and fear-mongering advocacy groups for the bad light placed on the oil industry.
Climate change is a controversial topic that has been subjected to much debate. Tillerson said that fossil fuels may cause global warming, but argued that humans can easily adapt to the warmer climate. More specifically, he said that humans can adapt to rising sea levels and climate changes because he doubts the validity of climate modeling, which predicts the magnitude of impact associated with climate change.
"We have spent our entire existence adapting," said Tillerson. "We'll adapt. It's an engineering problem and there will be an engineering solution."
Others, however, disagree with Tillerson's assessment. Andrew Weaver, chairman of climate modeling and analysis at Canada's University of Victoria, said that adapting to climate change would be much harder than just preventing it in the first place.
In addition, adapting to climate change could be much more expensive than preventing it. According to Steve Coll, author of "Private Empire: ExxonMobil and American Power," adapting to climate change would require moving entire cities. A better alternative would be legislation that slows the process of global warming.
An example of such a measure is the
proposed fuel standards for 2017-2025
, which will require automakers to create vehicles capable of 54.5 MPG by 2025.
The effort aims to reduce greenhouse gas emissions and lessen the country's dependency on foreign oil.
These standards will cost the auto industry $157.3 billion and
add an extra $2,000
to the sticker price of new autos, but it will save consumers $1.7 trillion at the gas pump.
The National Highway Traffic Safety Administration (NHTSA) will finalize the fuel efficiency standards
by the end of July 2012
Such measures could hit ExxonMobil's wallet with less gas used.
Tillerson also addressed the topic of consequences related to oil/gas drilling techniques, saying that drilling will always present possible risks like spills and accidents. But he mentioned that such risks are manageable and worth the end result, which is the energy provided.
Tillerson also said that drilling in shale formations doesn't pose life-threatening risks to those living nearby. However, drilling mixes millions of gallons of water with sand and chemicals that creates drilling wastewater. If this water is not treated, it can contaminate drinking water through cracked drilling pipes.
Tillerson also mentioned his problem with views on oil dependency. He said that there will always be access to oil, and that it doesn't matter where the U.S. gets oil because it is priced globally. Tillerson added that the U.S. only receiving oil from North America would still increase gas prices in the U.S. because it would cause a "disruption" in the Middle East.
This article is over a month old, voting and posting comments is disabled
RE: Talk about BS
6/30/2012 7:12:52 PM
What resources ? i think it's not a waste of resource to find alternatives energy, considering world oil reserve, at least US government should stop subsidizing oil company.
that exxon guy from oil company who is protecting their profit say just let global warming,then us adapt to it and it's ok for sea level rising, and you say ok ?
RE: Talk about BS
7/2/2012 4:49:30 PM
First off, resources are time, money and manpower. Also I have never said we should not try to find alternatives to oil in all my posts here over the years, only that using man made global warming as the excuse to do so is misguided. We should move to cleaner alternatives because they are, well, cleaner, and more efficient, but forcing that change before we are ready or able to do it is also wasting time, money and manpower. Forcing it before it is fiscally and physically possible will do nothing to help the world.
"Can anyone tell me what MobileMe is supposed to do?... So why the f*** doesn't it do that?" -- Steve Jobs
The White House to Discuss Advanced Vehicles at Wednesday Forum
June 25, 2012, 8:57 PM
NADA: 54.5 MPG CAFE Proposal Could Tack Another $5,000 to New 2025 Model Prices
January 18, 2012, 10:03 AM
UPDATED: Fed's Proposed 54.5 MPG CAFE Requirements for 2017-2025 Released
November 16, 2011, 4:30 PM
Nobel Laureate Resigns from APS Over Global Warming Policy
September 15, 2011, 4:20 PM
Microsoft Co-founder Paul Allen Donates $100M to Fight Raging Ebola Epidemic
October 23, 2014, 6:05 PM
Cool Science Video of the Day: Carnivorous Leech Eats Giant Jungle Worm
October 16, 2014, 6:44 PM
Facebook CEO and Founder, Mark Zuckerberg, Donates $25M to Fight Ebola
October 14, 2014, 5:06 PM
Chagrined Over Leaks, CDC Confirms First U.S. Ebola Diagnosis in Dallas, Texas
September 30, 2014, 5:55 PM
Nail Polish May Soon be Able to Detect Date Rape Drugs
August 26, 2014, 7:57 AM
SpaceX Falcon 9-R Rocket Suffers Malfunction, Self-Destructs During Test Flight
August 23, 2014, 9:36 AM
Most Popular Articles
1 Million Credit Card Activated on Apple Pay Within 72 Hours, Walmart CEO Hopes Visa "Suffers"
October 28, 2014, 8:17 AM
Amid Theater Boycott Netflix Defiantly Plans New Movies, Plus 3 TV Shows for 2015
October 24, 2014, 7:30 PM
CVS, Rite Aid Kill Unofficial Apple Pay Support, Burn Google Wallet Users in the Process
October 25, 2014, 5:26 PM
Microsoft's Figures Show Desktop Users Flocking to Windows 10 Preview
October 27, 2014, 11:04 AM
Fitbit's $249 Surge Fitness Watch Packs 7-Day Battery Life, Two Other Models Also Air
October 27, 2014, 4:20 PM
Latest Blog Posts
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information