Tillerson leads Exxon's shifting stance on climate change
But environmental activists are sceptical as company has done little or nothing to help put carbon taxes into effect
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
IN January 2009, Rex Tillerson, the chief executive of Exxon Mobil, gave a speech in Washington that might have seemed impossible even a few years before. He announced that his company supported a carbon tax to help fight climate change.
Carbon taxes are a fee on fuel use, based on how much carbon dioxide that fuel puts into the atmosphere.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore