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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 climate change 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.

Source: The Hook

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RE: Talk about BS
By raddude9 on 7/2/2012 4:58:39 PM , Rating: 2
Was the Earth the center of the Universe because a then "majority" of scientists agreed it was?

The universe has no center, anyone who has studied the big bang knows that. Religions have said that the earth is the center of the universe (and also the solar system) in an attempt to give people the warm and fuzzy feeling that god started everything and is in control of the planet. Scientists always followed the data on the "center of the solar system" issue though. Although there are of course people and even some scientists who cannot accept that the earth can change and move over time, you know, people a bit like you who think nothing will change and we can't affect the planet.

again, YOUR SIDE insisted that would be the trend!

And YOUR SIDE believes the earth was created 6000 years ago, so burn fossil fuels burn... There you go, if you lump me with what you perceive to be one side I'll do the same.

Only it's not that simple is it? It's not just black and white, there's more than just 2 sides, just like there's more than just one cause leading to one effect.

You do know that AMOUNT and PERCENTAGE are completely different things now yea?
Why do you keep harping on this? Yes I know that.

Why did you use AMOUNT in your post then??? Nobody knows the amount of CO2 in the atmosphere half a billion years ago because nobody knows the amount of atmosphere back then. If you knew it, what was you intent, to fool the weak minded into thinking that the world is exactly as it was half a billion years ago.

And if you are so sure that there was more atmosphere back then, then show us your data, there's far more studies to say that there was less atmosphere in the past, or do you have your blinkers on when looking at those studies as well? I've learned that you're great at picking and choosing science in order to justify your pre-existing beliefs.

Here's a hint, toss out your beliefs and look at the science with an open mind.

First off there is no majority, that's a crock

It's not just a majority, it's an overwhelming majority, you really are a very special person if you think otherwise.

Secondly science isn't a democratic process, or a popularity contest.

That's actually true, I like the way you sneaked that small truth in there to make it look like you know what you're talking about (did you get that snippet from a tv program?) But it's also no justification whatsoever for you to hold a such a narrow view on the field. You don't get to decide what's true, the scientists, the real climate scientists do. And they think that more CO2 is bad, just how bad varies, but it's not a good thing.

As for the rest of the crap you spout I'll let other people take care of it.

"I'd be pissed too, but you didn't have to go all Minority Report on his ass!" -- Jon Stewart on police raiding Gizmodo editor Jason Chen's home

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