Exxon Mobil Corp. (NYSE: XON) CEO Rex Tillerson assured a New York City audience Wednesday of the world's ability to manage the effects of global warming, The Associated Press reported.

We have spent our entire existence adapting. We'll adapt, he told the Council of Foreign Relations in a speech. It's an engineering problem and there will be an engineering solution. He also said that current global warming models lacked accuracy. He emphasized the need for more competent models.