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The EU's Worst Piece of Legislation According to an Exxon Top Executive May Force Exxon Out of the EU
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The EU's Worst Piece of Legislation According to an Exxon Top Executive May Force Exxon Out of the EU
In a stark warning that underscores the growing tension between global energy giants and European regulators, ExxonMobil’s CEO Darren Woods has labeled the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) as “the worst piece of legislation I’ve seen since I’ve been in this job.” This directive, alongside the bloc’s stringent methane emissions regulation, could prompt the U.S. oil major to exit its operations in the European Union en…
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