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Darren Woods CEO of ExxonMobil
In Good Company with Nicolai Tangen
The Carrot Approach to Carbon Intensity Standards
The IRA has tried to incentivize broader industry to make investments and reduce emissions intensity. The other thing they're doing is penalizing companies are taxing them so it's more of a stick approach. I think it's a huge mistake to be picking winners and losers, but instead should be looking more broadly at letting the markets figure out which solutions provide the most of the time.
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