Earlier this week, the CEO of Exxon Mobil, the world's largest publicly traded company, warned at an industry conference that "governments should not rush into policies that could damage the global economy in order to limit carbon emissions," according to the New York Times.
The Exxon Mobil chief, Rex W. Tillerson, was speaking at CERAWeek, which is being run this week in Houston by Cambridge Energy Research Associates. You can check out CERA Chairman Daniel Yergin's interview wtih Tillerson at CERA's site.
The Times reporters interpreted Tillerson's stance as a bit of a softening of Exxon Mobil's previously hard-line position, since he acknowleged that global warming may be leading to climate change. The article reported:
“The risks to society and ecosystems from climate change could prove to be significant,” Mr. Tillerson said. “So, despite the uncertainties, it is prudent to develop and implement sensible strategies that address these risks.”
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