Rex Tillerson looks at green light, plays Jay Gatsby

ExxonMobil CEO Rex Tillerson is now calling for a carbon tax, saying it’s more “transparent” than a cap-and-trade system.

Well, given what a mess the EU’s cap-and-trade system has become, he’s right.

But, if you thing he’s doing this out of the goodness of his heart, or some newfound greenness, I’ve got some “clean coal” in Barack Obama’s Illinois to sell you.

Having protested outside multiple annual eXXXon shareholder meetings here in Dallas, there's no way Rex Tillerson has looked at the green light and seen anything but Jay Gatsby's orgiastic future.

Best case scenario, from the point of view of We the People? He thinks this will save his corporation more money than a cap-and-trade system.

Not so good case? He thinks that either, or all of the above below:
• He can get a tax watered down as hurting the economy in today’s environment;
• he can muddy the waters of public consumption and have that become fallout in Congress;
• He can play some sort of either bait-and-switch or moving the goalposts after Congress says OK to the tax idea.