Exxon CEO Urges Trump to Stay in Paris Climate Agreement

Darren Woods warns that withdrawing from the agreement could create business uncertainty and hinder climate progress.

ExxonMobil CEO Darren Woods has advised President-elect Donald Trump to remain in the Paris Climate Agreement to avoid global confusion and maintain business stability.
Woods argues that frequent policy changes between administrations create inefficiencies and uncertainties for businesses like ExxonMobil.
Despite Trump's campaign promises to increase fossil fuel production, Woods notes that the global market is already well-supplied with oil and gas.
Energy analysts emphasize that U.S. presidents have limited influence over global oil prices, as the market is driven by international supply and demand.
ExxonMobil plans to continue investing in low-carbon technologies and supports maintaining regulations to curb methane emissions.