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“I call the head of Exxon. I don’t know, you know, ‘How are you doing? How’s energy coming? When are you doing the exploration? Oh, you need a couple of permits?’ I say, ‘You know, I’d love [for] you to send me $25 million for the campaign.’ ‘Absolutely sir, why didn’t you ask? Would you like some more?’”
Later that day, ExxonMobil tweeted: “We are aware of the President’s statement regarding a hypothetical call with our CEO, and just so we’re all clear, it never happened.”
Trump’s statement seemed to be a joke — he admitted that this hypothetical call would be illegal, yet he mentioned that if he did so he would be the greatest fundraiser in U.S. history.
Why This Matters: This is yet another controversy ExxonMobil has had to field this month — a few weeks ago Bloomberg released leaked internal documents revealing the corporation had planned to expand fossil fuel production, calculated how much this would increase their carbon dioxide emissions, and failed to disclose those estimates to investors.
Exxon’s Climate Dishonesty: Exxon has not only consistently financially backed Republican politicians, but also has undermined the peer-reviewed work of scientists. In a piece by Naomi Oreskes and Geoffrey Supran for The Guardian, the two social scientists denounced the corporation for attempting to silence their critiques by commissioning and paying for a non-peer-reviewed report. They write:
Though Exxon’s attempted to smear Oreskes and Supran’s research, the company continues to struggle with their plummeting market value and the growing popularity of the Green New Deal alongside these controversies. But should Trump get re-elected in November, ExxonMobil could continue to influence national politics and mislead the public without consequence.
Chicago-based Invenergy announced this week that it will construct at a site in northeastern Texas a $1.6 billion project that will provide 1,310-megawatts of solar energy by 2023. The project is likely to create approximately 600 jobs during the construction, as well as bring in more than $250 million in landowner payments and $200 million in […]
by Ashira Morris, ODP Contributing Writer Since the beginning of the pandemic, most Americans have received a single check for $1,200. However, fossil fuel companies are not most Americans. The US government spent big — $15 billion dollars big — to help the companies responsible for the climate crisis. According to a new analysis by […]
On Friday, the Treasury Department proposed a rule that states that “decisions by banks to not serve a specific customer should be based on individual risks, rather than a categorical exclusion.” according to The Hill.
Why This Matters: This kind of government mandate overriding the free market smacks of, well, socialism or cronyism or both. And while oil ad gas companies are now hurting, they’ve reaped billions from our dependence on oil and gas for fuel.
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