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
7/2/2012 4:26:54 PM
Humans can adapt! Its true, we can all learn to swim in the raising sea levels.
But seriously, can we even take a CEO of a multinational oil company at his word on a subject as important as our planet? Can we even take a government or political organisation seriously? Politics answer is taxation, industries answer is bury head in sand... Neither solutions are going to work.
We need a completely new monetary, political and economic paradigm to fix this problem. Debt based money isn't helping (fractional reserve liquidity with compounding interest). Self Serving politics isn't helping (ClimateGate) and its debatable if the 'free market' price system can fix this.
"We basically took a look at this situation and said, this is bullshit." -- Newegg Chief Legal Officer Lee Cheng's take on patent troll Soverain
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
5 Easy Ways to Lower Blood Pressure By Monique C. Bethell, Ph.D.
August 25, 2016, 8:00 AM
5 Healthy and Creative ways to add Fiber to your Diet By Monique C. Bethell, Ph.D.
August 18, 2016, 7:43 AM
Wearable Technology for Peanut Allergy Sufferers: By Monique Bethell Ph.D.
August 17, 2016, 6:40 AM
Diuretics: Helpful or Harmful?
August 2, 2016, 10:29 PM
Creationists are Mad About Google Doodle Depicting Evolution
November 24, 2015, 8:48 PM
DHS and TSA: Whoops, We Missed That 73 Airport Employees May be Terrorists
November 19, 2015, 2:16 PM
Most Popular Articles
Say Goodbye to Data Plans - Sprint and T-Mobile offer Unlimited Data
August 22, 2016, 6:12 AM
2 NEW PlayStation 4 Models - Unveiling September 7th
August 23, 2016, 6:23 AM
Uber - Everyone's Autonomous Car Driver?
August 20, 2016, 6:01 AM
iPhones May Get Curved Screens Next Year
August 24, 2016, 6:45 AM
Lenovo vs. Asus vs. HP - Best Laptop Under $500.00
August 19, 2016, 4:00 AM
Latest Blog Posts
Coming Soon - Drones and Airports
Aug 24, 2016, 12:40 PM
SolarCity’s Gigafactory: A Milesone in Emerging Technology by Lily Emamian - 15 August 2016
Aug 15, 2016, 6:30 AM
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
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
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information