“ExxonMobil and Climate Change: Do Look at the Science” (2016 article for today)By Robert Bradley Jr. -- November 21, 2019 No Comments
[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.…Continue Reading
ExxonMobil at ALEC: Bring Back Lee Raymond!By Robert Bradley Jr. -- December 14, 2017 2 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) 
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:
… Continue Reading
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.
ExxonMobil’s Tillerson on Wind and Solar Subsidies (an argument to remember)By Robert Bradley Jr. -- September 21, 2017 6 Comments
“If I wanted to kill [tax subsidies], the thing to do is for Exxon Mobil to go and invest heavily in [wind and solar] and then Congress would immediately cancel the tax subsidy. Actually what they would do is they would just cancel it for us…. So we are not going to go into investments that are dependent on a government providing a tax system to make them viable.”
– Rex Tillerson, Quoted in Russell Gold, “Exxon Mobil: We Like Renewable Energy Subsidies. Wink, Wink.” Wall Street Journal (March 6, 2009).
Last week at MasterResource, I posted on current US Secretary of State Rex Tillerson’s 2013 views on climate science in light of consumer energy needs. He referenced the pause in increasing global temperatures in light of rising concentrations of greenhouse gas concentrations.…Continue Reading
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.…Continue Reading