Exxon Mobil and the Carbon Tax: ‘Upon Further Review’

By Robert Bradley Jr. -- January 10, 2017 2 Comments

“With a new political outlook in Washington, DC with climate and energy policy, Exxon Mobil should formally reject both cap-and-trade and a carbon tax.”

Rex Tillerson, whose confirmation hearing is scheduled for tomorrow, presided over a major public policy change while CEO of Exxon Mobil, reversing the prior policy of the principled realist Lee Raymond. Political forces, as well as a doomed attempt at appeasing its enemies (ending up in the state State Attorney General investigative war), led Exxon Mobil to reluctantly embrace a tax on carbon dioxide (CO2) emissions.

My interpretation of Rex Tillerson et al.’s (failed) policy shift finds support for “it was just PR” rather than a fundamental belief in climate peril. As such, this shift is easily reversible by Exxon Mobil’s new CEO, Darren Woods.…

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ExxonMobil, Climate Change And Free Speech: Down from Climategate

By -- July 27, 2016 1 Comment

“The Spanish Inquisition and the McCarthy Era are two examples of dark periods in history when silencing freedom of thought and association were punished. History is replete with periods of repression of personal freedoms. Society has never been advanced by these efforts to control the populace’s thoughts and actions.”

Recently, 19 Democratic Senators have “called out” conservative organizations that have produced research and policy papers questioning the orthodoxy of climate change–using their privilege of making claims from the floor of the Senate where a politician cannot be legally attacked for his speech (Article I, Section 6, Clause 1, United States Constitution).

These legislators wasted taxpayer money (the Senate had to be in session, so that meant staffers had to be paid) in attacking the free-speech rights of those companies, individuals, and organizations questioning the “settled” science of climate change.…

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Exxon Mobil Rejects Crony Energy (Tillerson channels Lee Raymond)

By Robert Bradley Jr. -- June 18, 2015 4 Comments

“We in the petroleum industry are not dismissing the global climate change issue. But I don’t believe anyone should have the moral authority to deny people the opportunity to improve their way in life by arbitrarily depriving them of the means…. I hope that the governments of this region will work with us to resist policies that could strangle economic growth.”

– Lee Raymond, CEO, ExxonMobil (2010)

ExxonMobil CEO mocks renewable energy in shareholder speech, the headline of Adam Lerner’s May 27th Politico article read. Lerner’s piece began:

“The CEO of one of the world’s largest oil companies downplayed the effects of climate change at his company’s annual meeting Wednesday, telling shareholders his firm hadn’t invested in renewable energy because ‘We choose not to lose money on purpose.'”

How refreshing!…

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“The State of Energy: Strong and Transformative” (Exxon Mobil’s Tillerson Right On)

By Robert Bradley Jr. -- October 15, 2014 No Comments

Each year, the Progressive Policy Institute publishes its list of ‘investment heroes’ – non-financial companies that are investing the most in the U.S. economy. Of the 25 companies that make up the Institute’s ‘investment heroes’ list this year, 10 are involved to some degree in the exploration and production of oil and natural gas or involved in energy distribution and power.”

For decades now, the United States has pursued energy policies based on the fear of scarcity. The thinking in Washington, D.C. – and even at some energy companies – was that reviving domestic energy production was a dream…. Now, we need energy policies that are designed for this new era of abundance.”

ExxonMobil CEO Rex Tillerson recently addressed the Greater Houston Partnership on the State of Energy. He paid homage to Houston, where ExxonMobil’s far flung operations are about to be brought together at one campus.…

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Rex Tillerson (Exxon Mobil) on Climate Change (energy/climate realism trumps alarmism)

By Robert Bradley Jr. -- June 4, 2013 8 Comments Continue Reading

Enron vs. Exxon Mobil: Polar Approaches to Energy and Public Policy

By Robert Bradley Jr. -- June 15, 2009 5 Comments Continue Reading

Energy Reality Wins at Exxon Mobil Annual Meeting (Atlas is not shrugging at this substance-over-form company)

By Robert Bradley Jr. -- May 30, 2009 6 Comments Continue Reading

ExxonMobil’s Tillerson on Renewable Energy: Realism amid Politics

By Robert Bradley Jr. -- March 7, 2009 12 Comments Continue Reading

Exxon Laughs all the Way to the Bank

By -- January 20, 2009 2 Comments Continue Reading

Upon Further Review … What did ExxonMobil Really Say at the Woodrow Wilson International Center?

By Robert Bradley Jr. -- January 15, 2009 3 Comments Continue Reading