The national conversation about wasteful welfare for highly profitable dirty energy corporations has gone from the dramatic statement by the Chief Economist of the International Energy Agency that fossil fuel subsidies are one of the biggest impediments to global economic recovery (“the appendicitis of the global energy system which needs to be removed for a healthy, sustainable development future”), to a speech by Solar Energy Industries Association President Rhone Resch (in which he called the fossil fuel industry “grotesquely oversubsidized”), to a call by President Obama to cut oil company welfare by $4 billion. Not to be outdone, House Democrats are now calling for a $40 billion cut.
Dirty energy welfare defenders have, predictably, responded with ridiculous, Palin-esque denials of reality, but the voter demands that wasteful spending be cut begs the question: just how much of our tax money is going to ExxonMobil, Massey, etc.? With the new deficit hawks in Congress going after insignificant items like bottled water expenses, you’d think they’d want to know the size of the really wasteful stuff, right?
He was going to be smooth. Polished. Charming. The new face of ExxonMobil, presented to us back in March 2006:
That image completely fell apart at a news conference yesterday.
On the same day Hilary Clinton released her plan to reduce the US addiction to foreign oil imports and significantly reduce greenhouse gas emissions, the CEO of the largest oil company in the world is balking at the pursuit for energy independence.
Rex Tillerson, chairman and chief executive of Exxon Mobil, has hit out at “isolationism” in energy policy (full article is firewalled) arguing that attempts to pursue energy independence are futile and counter-productive.
Tillerson stated that:
Regardless, no conceivable combination of demand moderation or domestic supply development can realistically close the gap and eliminate Americans' need for imports.”
His remarks, made at the World Energy Congress in Rome, provided support for calls from Opec, the oil producers' cartel, for what the group calls “security of demand”.
Looks like ExxonMobil CEO Rex Tillerson dusted off Donald Rumsfeld's PR play-book in explaining Exxon's stance on global warming, here's the quote:
There's much we know and can agree on around the climate change issue, and there’s much that we just don’t believe we do know…and we want to have a debate about the things we know and understand, the things we know about that we don’t understand very well, and the things we don’t even know about around this very complex issue of climate science. So that will continue to be our position.”
Thanks for clearing that up Mr. Tillerson.
Rep. Brad Miller (D-North Carolina), chair of the House Subcommittee on Science and Technology, fired off a strong letter (pdf) to ExxonMobil demanding that the oil giant hand over documents relating to all grants awarded so far in 2007 by recipient
Could this be the first step in a Congressional hearing similar to Rep. Henry Waxman's famous Big Tobacco Hearings?
Sure looks that way.
Despite ExxonMobil's denials, a report released today by Greenpeace's ExxonSecrets.org project, reveals that the largest oil company in the world continues to spend millions on a stealth public relations campaign aimed at discrediting global warming science.
According to the report, Exxon provided $2.1 million in 2006 to 41 “think” tanks and associations that actively sow doubt about the realities of climate change. Since 1998, ExxonMobil has spent a staggering $23 million on this climate disinformation.
Anyone celebrating ExxonMobil's recent announcement that it acknowledges the truth of climate change can stick the cork back in the bottle. While Exxon's vice president for public affairs, Kenneth Cohen cast climate cange as undeniable, ExMo CEO Rex Tillerson made it clear yesterday that the company is still happily clinging to doubt.
“My understanding is there’s not a clear 100 percent conclusion drawn,” Tillerson told an industry gathering in Houston. “Nobody can conclusively 100 percent know how this is going to play out. I think that’s important.”