Two Voices on Climate That Will Surprise You
Climate One
The Biden Administration Approves the Willow Project
The Biden administration recently approved the controversial Willow project, which is an oil extraction project on Alaska's North Slope in the National Petroleum Reserve. As a board member of Conoco Phillips, the corporation developing Willow, I understand you can't comment directly on that project because directors are not authorized to speak for the company on that. So let me ask you this way. Oil executives like all corporate executives run the company to increase the stock price. You know that better than I do. And that stock price is valued on future revenues derived from extracting and burning oil and methane gas. The science is really clear that we can't burn the deposits already on the balance sheets of the investor and state owned oil
