Exxon Mobil CEO says support for Ocasio-Cortez's Green New Deal may soon waver. Here's why

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Exxon Mobil CEO says support for Ocasio-Cortez's Green New Deal may soon waver. Here's why
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Support for the Green New Deal could soon waver, said Exxon Mobil's CEO last week. Here's why.

Rep. Alexandria Ocasio-Cortez's Green New Deal is garnering significant support, but the head of Exxon Mobil says people's views may change as the plan becomes more detailed and Americans begin to comprehend how it could affect their daily lives.

But eventually those big ideas will require action, says Exxon Chairman and CEO Darren Woods, and that's when the tide of public opinion could begin to turn against the Green New Deal. To be sure, as the world's largest publicly traded oil company, Exxon is not a disinterested party. The Green New Deal would almost certainly disrupt its business if it were successfully implemented.

"The conventional set of technologies doesn't address all the gaps that are out there today," he said.

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