Shareholder revolt underway at Exxon backed by Rockefellers
Descendants of Exxon's earliest patriarch, John D. Rockefeller, are backing a grassroots, old-fashioned shareholder revolt at the last major oil company to yet acknowledge and address global warming. While Shell, BP and others have taken at least some real initiative to invest some of their record profits into clean, renewable energies of tomorrow, Exxon has dug-in to maximizing the most of their profitability with the rather short-sighted goal of cashing in on all of their investments of years past, while denying that their oil is increasing greenhouse gases, and global warming.
New York Times:
ROCKEFELLERS SEEK CHANGE AT EXXON
The Rockefeller family built one of the great American fortunes by supplying the nation with oil. Now history has come full circle: some family members say it is time to start moving beyond the oil age...
The resolutions ask Exxon to take the threat of global warming more seriously and look for alternatives to spewing greenhouse gases into the air.
Full story (LINK)
New York Times:
ROCKEFELLERS SEEK CHANGE AT EXXON
The Rockefeller family built one of the great American fortunes by supplying the nation with oil. Now history has come full circle: some family members say it is time to start moving beyond the oil age...
The resolutions ask Exxon to take the threat of global warming more seriously and look for alternatives to spewing greenhouse gases into the air.
Full story (LINK)