Exxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent climate policy swings — and he pushed the president-elect to reject carbon border taxes favored by some GOP lawmakers.
In an interview with POLITICO, Woods signaled that one of the most powerful players in the energy industry might serve as a moderating influence in Washington, even as Republicans seek to dismantle Biden-era climate policies. The future of the Inflation Reduction Act and other clean-energy programs is one of the most important questions hanging over the incoming administration.
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