Free Republic

President-elect Donald Trump should keep the U.S. involved in global efforts to address climate change, Exxon Mobil CEO Darren Woods said Tuesday. Trump should try to bring a “common sense” approach to the annual U.N. Climate Change Conference and “continue to have the U.S. influence policy around the world,” Woods told CNBC Tuesday. Woods spoke from the climate conference, which kicked off this week in Baku, Azerbaijan. Exxon has plans to invest $20 billion through 2027 in carbon capture and storage technology, hydrogen fuel, and lithium mining in the U.S. for electric vehicle batteries. Woods told CNBC on Tuesday that...

Things are changing in America and you either go with the flow or get left behind. Exxon Mobile Corporation had a board election yesterday and at least two “rebels” were elected. These rebels aren’t members of the downtrodden masses. They were put forward by a hedge fund, Engine 1, in an effort to force Exxon to address climate change. By the end of the day, Exxon had been shaken to its foundation — a foundation laid by John D. Rockefeller in the 19th century. Exxon CEO Darren Woods’ days may be numbered. Woods made the proxy fight the most expensive...

The perception that only elite schools produce elite leaders needs to die. The No. 1 company in last year’s Fortune 500 was Walmart Inc., with $500 billion in revenue. That would make its chief executive, Douglas McMillon, a pretty important and powerful executive, don’t you think? Can you guess where he went to college? The University of Arkansas. He has an MBA, too. From the University of Tulsa. Second on the list was Exxon Mobil Corp. Its CEO, Darren Woods, went to Texas A&M. Third was Berkshire Hathaway Inc., run by the man many consider the greatest investor who ever...