15 thoughts on “Peak oil – just around the corner”

  1. Interesting that he speaks against subsidizing alternative energy research and development… while the fossil fuel industry is subsidized to the tune of trillions around the world. Preposterous bullshit disguised as intelligent business speak.

  2. Rex is a fraud! the US District Attorney is investigating ExxonMobil for fraudulent activities about misleading the public, regulators and investors about climate change. they knew the risk and dangers and paid scientists to lie!

  3. PS. WERE FINALLY GOING TO HAVE GROWN-UPS IN OFFICE!! & NO MORE LITTLE BOY o's & CRIMINAL SMALL THINKING SHILERY'S who understand nothing!! IN REAL WORLD INTERNATIONAL "WORK" BUSINESS. CULTURE, POLITICAL "REALITY" GOOO TRUMP!!

  4. Greedy motherfukker will line his pockets at the expense of our environment. Fukking texas twang is annoying AF.

  5. For all the ANTI GLOBALISTS WHO VOTED Trump. HE HAS JUST HIRED  2 OF THE BIGGIST GLOBALISTS IN THE WORLD! YOU HAVE BEEN BAITED.

  6. TILLERSONS RULE…YOU PULL UP TO THE PUMP, AND I FLEECE THE SHIT OUT OF YOU…VERY SIMPLE!…WORTHLESS FUCKING COCKSUCKER THAT HE IS

  7. I know here's an idea if you are so keen to let the markets dictate then how about we stop the billions in oil and gas subsidies and even the playing field. Why we are at it , those saved billions could go into research and development for future generations. Fossil fuels are killing us and quite frankly they will destroy our planet if we continue.

  8. So the thing that gets me – is that here is a guy, leading a company that has a greater revenue than 150 individual nation states. A company that drives its wealth purely from the sale of oil. He has essentially said "we will step in [to support renewables] when we think the time is right." Though they are dabbling in various differing models – oil producing algae etc. My frustration is that his motivation is not the betterment of mankind, nor the cleaning up of the earth's atmosphere – its how do I retain control of Energy and therefore retain Exxon's preeminent market position? Solar, wind, tide etc are not worth investing in, because they've not established a way to make it pay the same as Oil – we just about accept that individuals can control the sale of oil beneath our feet – but its another thing to say that individuals can control the wind, tide and sun. My fear is that when they lead research and throw the weight of their wealth at technical problems, they are likely to find results and pathways forwards – but why would they be motivated to release the data? Success in any form of renewable energy field, that they are unable to monetise – will result in the immediate devaluation of their current business model. So in essence they are leading research, but are motivated to lead us in circles. That is why I agree with Bill Gates, we should be independently funding renewable energy research at an international level, in the same way that we financed WWII, the Manhattan Project and NASA. Yes America must take the lead, but the rest of us should help and carry our share of the financial burden…anyway sorry for the rant.

  9. Thank you, Mr. Tillerson, for supporting alternative energy research a revenue neutral carbon tax (corporate.exxonmobil.com/en/current-issues/climate-policy/climate-policy-principles/overview). However, reduction of GHG emissions isn't just one of many important world priorities, it's the greatest threat mankind has ever faced. Climate change is already directly affecting public health and global security. Economic development can be better achieved through developing renewable energy infrastructure, and subsidies for fossil fuels far outweigh subsidies for solar or wind (en.wikipedia.org/wiki/Energy_subsidies). It's not safe to burn the oil reserves we have now, and your shareholders are already invested in an oil bubble. If you are looking out for their best interests and the best interests of the rest of the world, you'll aggressively lead the way and phase out fossil fuels completely over the next couple decades, starting with strong support for a revenue neutral carbon tax. We all need to take personal responsibility when we impose negative externalities on others, and you're in a position to make a large impact. Please make the right decisions.

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