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Stock impact report

Exxon CEO wants Trump administration to keep US in Paris climate agreement [USA TODAY]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: USA TODAY
Exxon Mobil CEO Darren Woods says that the incoming Trump administration should keep the U.S. in the Paris climate agreement in an interview with the Wall Street Journal released Tuesday The oil giant's chief executive told the Journal that the country's shifting stances on the climate accords creates a difficult business environment. “I don't think the stops and starts are the right thing for business,” Woods said. “It is extremely inefficient. It creates a lot of uncertainty.” The Journal noted that the company has supported the agreement since 2015. The first Trump administration formally removed the U.S. from the agreement in 2020 , though the Biden administration reversed the decision in 2021. Woods told the Journal that the change in administrations would not alter how Exxon thinks about the future. "We don't let political agendas drive our business and investment decisions we make,” Woods said. What is the Paris climate agreement? The Paris climate agreement is Show less Read more
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