“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.”

"The Path Forward in Today’s Energy Environment," http://corporate.exxonmobil.com/en/company/news-and-updates/speeches/the-path-forward-in-todays-energy-environment a speech made as Chairman and CEO of ExxonMobil, at the 37th Annual Oil and Money Conference in London on (19 October 2016).

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