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Exxon CEO: Warming Happening, But Fears Overblown

Freshly Exhumed writes "In a speech Wednesday, ExxonMobil CEO Rex Tillerson acknowledged that burning of fossil fuels is warming the planet, but said society will be able to adapt. The risks of oil and gas drilling are well understood and can be mitigated, he said. And dependence on other nations for oil is not a concern as long as access to supply is certain, he said. Tillerson blamed a public that is "illiterate" in science and math, a "lazy" press, and advocacy groups that "manufacture fear" for energy misconceptions in a speech at the Council on Foreign Relations."

11 of 288 comments (clear)

  1. So... by ayvee · · Score: 3, Interesting

    Apparently we're past denial and anger, and are now in the middle of bargaining.

    This is going to get rough. Before we get to acceptance, we have depression to go through first.

    Ahem, sorry. I meant Fr1st!!!!

  2. Re:Standard PR by MightyMartian · · Score: 4, Interesting

    I'm sure they'll do the same thing the Creationists did with Evolution; admit to some very small degree that the theory is correct, but insist that theory only explains minor phenomena.

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    The world's burning. Moped Jesus spotted on I50. Details at 11.
  3. Re:C'mon by shibashaba · · Score: 3, Interesting

    Tillerson blamed a public that is "illiterate" in science and math, a "lazy" press Yes, the public is about as smart as a rock. But that doesn't mean you need to spin it. Desertification of wide swaths of land as well as the acidification of the oceans will be pretty hard to deal with.

    He may be right, but I'll bet he wonders why people hate oil companies universally with comments like this. It doesn't even sound like he tried to spin it, sounds like he was drunk.

    And dependence on other nations for oil is not a concern as long as access to supply is certain Not a concern for Exxon, he means.

    Of course it's not a concern for Exxon, when you have the US military, NATO and the UN as your personal mercenaries. Once again, sounds like he's drunk. How else could that be interpreted.

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    ---------- Open Source is capitalism applied to IP.
  4. Re:C'mon by Anonymous Coward · · Score: 2, Interesting

    I'm not sure what you mean by "hard sciences" and "rock solid". Yes there are hard physical principles used in the IPCC report, but when applied to a chaotic system such as the climate, I believe their findings more "spongy". In my view Climate Science is science in slow motion. From a public policy point of view it is a tough nut to crack. We know the benefits of cheap plentiful energy, but the future risks have a large amount of uncertainty attached to them. If I were the CEO of Exxon I would argue this point, which in a way he has.

  5. Re:C'mon by Schmorgluck · · Score: 5, Interesting

    The atmosphere is a chaotic system, but the climate configuration, is a general property of it. And it's perfectly possible to study the general properties of a chaotic system with good precision. You can predict the general properties of a quantity of water boiling in a pan, even if reliably predicting the trajectory of bubbles is out of reach.

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  6. He'd have a point if.... by davydagger · · Score: 4, Interesting

    If the same people who believe that creationism is a drop in replacement for science were also the ones objecting to unobstructed consumption, manufacture and/or sale of oil/gas products, and the global warming theory

    However its generally, but not always the more scientificly aware people who come out against fossil fuel usage as a whole, and global warming. There has really yet to be a good scientific study against global warming other than soley industry funded research.(like a bunch of scared CEOs desperately trying to keep stock prices from tanking in a panic)

    <quote>have you stopped driving your car yet</quote>

    This argument is a fallicy, our society is set up around automobile usage, and it'd be difficult if not impossible in most places to continue your life without an automobile. A better argument would be why aren't people buying more efficeint cars. Many are, but I still see a steady parade of people communiting to office buildings in SUVs. The worst part, is since they consume more fuel, they increase demand driving prices up.

  7. Re:C'mon by Anonymous Coward · · Score: 2, Interesting

    We should all remember who spent the most money in making the false arguements that climate scientists were only doing this for the money, that there was no truth to manmade global climate change. They should suffer the consequences of their lies and propaganda that kept us from doing something to reverse it when we still could. Look at the Arctic now as an example. Less summer ice, cloud cover diminished, its becoming a disaster, all because a few rich guys want to make more money.

  8. Not Really by Anonymous Coward · · Score: 5, Interesting

    Tillerson cleverly attacks the weakest part of research about climate change: the prospective part, about its consequences.

    In general, the short term projections that were included in the 'concensus' report by the IPCC show that the scientists underestimated the effects of global warming, so far.

    Tillerson is combining PR and salesmanship. He acknowledged the objection, and then he minimized it. After which he went on to taught the strengths of his company and it's position and even called to question the intelligence of it's detractors. It was really quite masterful, in a pathological sense, since, if you view his assertions in light of the fact that climate change, if severe enough, could challenge humanity's ability to produce enough agricultural output to support the current population, require the re-engineering of all of our coastal facilities and population centers worldwide, and require the relocation of millions of refugees who exist at subsistence level to begin with.

    Tillerson, on the other hand, is in the enviable of position of being able to outsource his move, off-shore his assets and afford to have staff make all the arrangements.

  9. Re:What about the 3rd world? by MightyMartian · · Score: 3, Interesting

    And when the full effects of AGW come into play, those poor people will be even worse off. Sure, the First World can probably roll with the punches, but for those in the Third World, changes in agricultural belts could spell absolute catastrophe. But hey, short term benefits and fuck the future, huh!

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    The world's burning. Moped Jesus spotted on I50. Details at 11.
  10. anything but "rock solid" by khipu · · Score: 2, Interesting

    Since the hard sciences part turned out to be rock solid, staying in denial of it would have been disingenuous.

    I suggest you read the IPCC report: most of its conclusions are at best couched in terms like "likely" (meaning >66% probability estimate by experts). The fact that they need to determine probabilities by expert judgment, rather than by statistics on observations, tells you that they don't have much data to go on. The results are not independently reproducible because most of them are retroactive interpretations of data. "Rock solid" is five sigma results obtained in multiple independent experiments.

    And that's not even taking into account the fact that in order for "expert judgment" to be worth anything, you need to test and verify that your experts are actually qualified and that they are unbiased, but the IPCC report has been created by a self-selected crowd of people with an ax to grind whose qualifications are all over the place, and whose conclusions were arrived at by negotiation and not statistics.

  11. Re:C'mon by tbannist · · Score: 4, Interesting

    You've got it pretty spot on. Although I think it's more like "As long as I don't have the pay the bills, why the hell should I care?". And that's the real message, humanity will adapt to the changes (barring genocidal wars) but society will pay the cost for Exxon's pollution. Anyone who doesn't like the bank bailouts should pay attention: Rex Tillerson just said "We're too big fail, the government will pay the Global Warming bills when they come due".

    They're planning on having tax payers cover the costs for their actions over the next two centuries. We're talking estimated costs of around 75 trillion (2012) dollars over the next 200 years (that covers us until oil, coal, and natural gas supplies are exhausted and the post-oil climate stabilizes) to adapt to climate change.

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