Arctic

[TonyM]

Well now, whatta "we" gonna do 'bout this?

What can "we" do 'bout this here TonyM, in which there'll be any noticeable, appreciable change in the next ... century?

What can "we" do to bring back the dinosaurs Tony?

O.W.

I would start with what Secretary of State designate Tillerson recently said in support of a carbon tax --

In doing so, we must continue to lower emissions. At ExxonMobil, we share the view that the risks of climate change are serious and warrant thoughtful action. Addressing these risks requires broad-based, practical solutions around the world. Importantly, as a result of the Paris agreement, both developed and developing countries are now working together to mitigate greenhouse gas emissions, while recognizing differing national responsibilities, capacities and circumstances. In our industry, the best hope for the future is to enable and encourage long-term investments in both proven and new technologies, while supporting effective policies.

Which is what we are doing. We have long supported a carbon tax as the best policy of those being considered. Replacing the hodge-podge of current, largely ineffective regulations with a revenue-neutral carbon tax would ensure a uniform and predictable cost of carbon across the economy. It would allow market forces to drive solutions. It would maximize transparency, reduce administrative complexity, promote global participation and easily adjust to future developments in our understanding of climate science as well as the policy consequences of these actions.

source: prepared remarks for Tillerson's 2016 speech at an annual Oil & Money conference, which you can find at http://corporate.exxonmobil.com/en/c...gy-environment


Others might have additional proposals.