“The truly and deliberately evil men are a very small minority; it is the appeaser who unleashes them on mankind; it is the appeaser’s intellectual abdication that invites them to take over. When a culture’s dominant trend is geared to irrationality, the thugs win over the appeasers.”

“Moral cowardice is fear of upholding the good because it is good, and fear of opposing the evil because it is evil. The next step leads to opposing the good in order to appease evil, and rushing out to seek the evil’s favor.”

– Ayn Rand

ExxonMobil switched strategies from principle to appeasement early in the first term of President Obama. I have watched, step-by-step, a great corporation become mediocre for the first time in its storied history.

I long for Lee Raymond, who was honest and demanding–with impressive results for the shareholder, employees, consumers, and the national/international economy.…

“That points to another potential challenge [to algae fuel commercialization]: the availability of land. NREL’s model for a commercial-scale algae facility calls for 5,000 acres of open-air algae ponds plus an additional 2,000 acres for support facilities. Yet all that land would produce only a limited amount of fuel.” [E&E News, below[

“Algae nevertheless serve a purpose for the company, [Robert] Brulle said. ‘They’re not selling you algae. They’re selling you, there’s good guys at Exxon,’ he said. ‘You don’t need to regulate us, you don’t need to sue us. We’re good guys.’ [E&E news, below]

Although nothing like the fall of once mighty General Electric (GE) under Jeff Immelt, the post-Lee Raymond Exxon Mobil is a sad corporate governance story of missed market opportunities and a wrong turn toward political correctness.…

[Editor Note: For several years, Bradley published his “Political Energy” series at Forbes.com. This particular post, published on March 25, 2016, received 6,146 views. Given the lawsuits against ExxonMobil and other energy companies alleging a conspiracy to hide from the public the postulated delirious effects of anthropogenic climate change from fossil fuel burning, his major points remain pertinent today.] This article follows:

The Left has declared another war on Exxon Mobil. No, it’s not about high prices and high profits, as it has been before. The new charge is that the world’s largest private-sector energy company knew about the dangers of global warming back in the 1970s and 1980s from its own internal scientific investigation.

Therefore, Exxon should have disclosed to investors and other parties that its carbon-based business model had special risks.…

“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) [1]

Think Progress (the successor to the Joe Romm-founded Climate Progress at the Center for American Progress) published a recent piece by Mark Hand, “Industry Opposition Leads ALEC to Withdraw Anti-Climate Resolution,” subtitled “Right-wing lobbying group fails to pass resolution targeting EPA finding.”

Some excerpts from Hand’s piece follow:

A secretive right-wing lobbying group failed to pass a resolution this week that called upon the Environmental Protection Agency (EPA) to withdraw its 2009 finding that greenhouse gases are endangering the planet.