Exxon chief rebuffs IEA criticism of carbon capture strategy, Reuters says

Exxon Mobil CEO Darren Woods on Saturday rejected the International Energy Agency’s recent claim that using wide-scale carbon capture to fight climate change was an implausible “illusion,” saying the same could be said about electric vehicles and solar energy, Reuters says. “There is no solution set out there today that is at the scale to solve the problem,” Woods told Reuters on the sidelines of the COP28 climate summit in Dubai. “So, you could say that about carbon capture today, you could say that about electric vehicles, about wind, about solar. I think that criticism is legitimate for anything that we’re trying to do, to start with,” he said.