[Environment] UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY : INDUSTRIES: PETROLEUM : LIBERTARIANISM : RACISM : BIGOTRY : EXTREMISM : HATE GROUPS : INTOLERANCE : DONALD TRUMP : BLATANT FALSEHOODS : SERIAL LIARS : REPUBLICAN WAR ON WOMEN : RAPE CULTURE : SEXISM : NEO-NAZIS : KU KLUX KLAN : RELIGION: CHRISTIANS: RELIGIOUS RIGHT: VIOLATIONS OF THE CONSTITUTION : MEDIA SUPPRESSION : ENVIRONMENT: GLOBAL WARMING AND CLIMATE CHANGE: CLIMATE CHANGE DECEIT : LEGAL ISSUES: Trumps Pick Of Rex Tillerson Will Put ExxonMobil On Trial

 

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UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY :

INDUSTRIES: PETROLEUM :

LIBERTARIANISM :

RACISM :

BIGOTRY :

EXTREMISM :

HATE GROUPS :

INTOLERANCE :

DONALD TRUMP :

BLATANT FALSEHOODS :

SERIAL LIARS :

REPUBLICAN WAR ON WOMEN :

RAPE CULTURE :

SEXISM :

NEO-NAZIS :

KU KLUX KLAN :

RELIGION: CHRISTIANS: RELIGIOUS RIGHT:

VIOLATIONS OF THE CONSTITUTION :

MEDIA SUPPRESSION :

ENVIRONMENT: GLOBAL WARMING AND CLIMATE CHANGE: CLIMATE CHANGE

DECEIT :

LEGAL ISSUES:

Trumps Pick Of Rex Tillerson Will Put ExxonMobil On Trial

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Trumps Pick Of Rex Tillerson Will Put ExxonMobil On Trial

Jamie Henn

12/10/2016 04:06 pm ET

Updated Dec 11, 2016

Huffington Post

http://www.huffingtonpost.com/jamie-henn/
trumps-pick-of-rex-tiller_b_13552612.html

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A shorter URL for the above link:

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http://tinyurl.com/zy2x4zc

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Handing over the State Department to the CEO of the worlds largest oil company to the worlds largest oil company is like giving Voldemort the keys to Hogwarts. Some of the media is reporting that Tillerson might not be so bad for climate policy because at least he believes in global warming, unlike Trump or some of his other nominees like Scott Pruitt, his pick for EPA. Dont believe the hype. ExxonMobils support for the Paris Agreement and a price on carbon is nothing but good old fashioned greenwashing.

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While Exxon says it supports the Paris Climate Agreement, its also been careful to say that it only acknowledges the targets in the deal. Thats code for we have no intention of meeting them. Anyone who has looked at Exxons own energy assessments knows thats the unvarnished truth. Exxons business plan relies on the world blowing past 1.5C and 2.0C of warming. The companys share price is directly tied to its ability to burn through all of its oil and gas reserves, something that would be impossible if countries got serious about addressing the climate crisis.

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snip

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Thats why Exxon continues to fund front groups that spread climate denial and lobby against renewable energy legislation. Its something theyve done for decades. As the #ExxonKnew campaign has highlighted, Exxon scientists were warning the company as early as the 1970s that the production of the fossil fuels could lead to catastrophic global warming. Instead of warning the public, Exxon executives buried the truth and launched a massive misinformation campaign using the same tactics as Big Tobacco.

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Now, Exxon is facing multiple investigations and lawsuits because of history of funding denial. If the company is found guilty of lying to its shareholders about the threat global warming posed to its business plan, it could be convinced of fraud and would face massive liabilities. Just like the mob, Exxon could also be convicted of racketeering charges for working with other oil companies to spread misinformation and continuing to promote the use of fossil fuels and blocking the spread of renewables.

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The complete article may be read at the URL above.

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Sincerely,
David Dillard
Temple University
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jwne@temple.edu
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