Publication date: February 3, 2024
Exxon Exec Criticizes Pause on New Natural Gas Exports

Exxon Exec Criticizes Pause on New Natural Gas Exports

Exxon Mobil expresses disagreement with a recent pause on new natural gas exports by the Biden administration, stating it could delay progress toward net-zero goals.

Energy Policy

The CFO of Exxon Mobil has expressed concern over the Biden administration's halt on new natural gas exports, stating that this decision may negatively impact global efforts to achieve net-zero emissions by 2050. Exxon Mobil has been vocal about its commitment to reducing emissions, although some climate activists have criticized the company for not doing enough. The company believes increased natural gas exports are necessary to facilitate a transition towards cleaner energy sources.