The article discusses the stance of Darren Woods, the CEO of Exxon Mobil Corp., who advocates for continued US participation in the Paris climate pact during the UN's COP29 climate summit, contrary to President-elect Donald Trump's campaign promise to withdraw. Woods emphasizes the importance of participation in international climate efforts and the need for 'common sense' carbon-cutting policies. The article highlights the potential clashes between the oil industry and the incoming administration, which prioritizes American energy independence. Exxon Mobil supports the Inflation Reduction Act for its focus on reducing carbon intensity and providing tax credits for hydrogen production, aligning with the company's goals for lower-emission technologies. Woods stresses the significance of government policies in incentivizing investment in the energy transition, noting the necessity of creating a system where companies can profit from transitioning to lower-carbon technologies. The article emphasizes the role of government support in driving investment in environmentally friendly technologies and the importance of balancing emission reductions with affordable energy solutions on a global scale.