Exxon Mobil CEO Darren Woods says every new passenger car sold in the world will be electric by 2040. Exxon is the world’s 5th largest historical polluter and has pushed climate denial at a high level for half a century. Woods does not deny the scientific reality of climate change, calls for carbon reductions and a higher global carbon price. But in view of Exxon’s history, Woods looks more like a wolf in sheep’s clothing. He seems to think that sales of new gas-powered passenger vehicles will end in 2040 globally – before even many governments do. A much larger part of the interview is devoted to Exxon’s plans for carbon capture, which it is clear that Woods sees as a potential future revenue stream that Exxon can leverage. . . .
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