Buy Chevron stock – Chevron CEO says global warming could be good for business – MarketWatch

Chevron Corp. Chief Executive John Watson has a blunt message for investors, climate activists and anyone else listening: Fossil fuels aren’t going away.

Well, turns out he isn’t a skeptic but a realist. Something that Boulder City and County governments could use a health of….

Watson, 59, isn’t a climate-change skeptic. But the staunch disciple of free markets believes that only a major technological breakthrough, rather than a top-down solution from government, will substantially curb climate change.

While nearly 200 countries agreed to reduce greenhouse-gas emissions in Paris last year, Watson doubts they will achieve their goals.

“You can sign agreements in Paris, that’s a good step,” he said. “But when you sign agreements and create the impression that it’s going to be implemented when no one’s identified the trillions of dollars that it’s going to cost, it’s just not clear that’s going to deliver.” (emphasis added)

Perhaps I should look into buying Exxon Mobile stock instead.