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Top executives at major US oil and gas companies decline to commit to specific price on carbon

During a hearing of the House Oversight Committee, Democratic Rep. Jim Cooper asked four of the top oil and gas executives in the country to specify a price on carbon as a “market-based solution” to the problem of climate change. Exxon’s Darren Woods, head of bp America David Lawler, president of Shell Oil Company Gretchen Watkins and Chevron CEO Michael Wirth, declined to commit to a fixed price on carbon.

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