Thursday, January 11, 2007

Exxon Pulls Anti Science Funding

This week the Union of Concerned Scientists published a new report stating that between 1998 and 2005 Exxon-Mobil gave nearly $16 million to organizations working to create confusion over global warming science. The report is only the latest in an increasing number of statements condemning the oil giant for funding disinformation campaigns, but this one may have been the straw that broke the camels back.

Exxon Vice President for Public Affairs Kenneth Cohen has announced that the the company now accepts the reliability of global warming science and has announced the end of their funding to organizations that deny climate change science, such as the Competitive Enterprise Institute (CEI) who were made laughably famous for their near parody "CO2 - They call it pollution, We call it life" television ad.

Exxon now says they ready to work with policy makers on regulations, which they anticipate will be coming soon.

Exxon wants any regulation to be applied across "the broadest possible base" of the economy, said Jaime Spellings, Exxon's general manager for corporate planning. Exxon says avoiding a ton of carbon-dioxide emissions is, with certain exceptions, less expensive in the power industry than in the transportation sector. Though solar energy remains expensive, reducing a ton of emissions by generating electricity from essentially carbon-free sources such as nuclear or wind energy is cheaper than reducing a ton of emissions through low-carbon transportation fuels such as ethanol.

10 comments:

Anonymous said...

aaa

Pigou Club said...

Well the truth always wins in the end.

Ok, mostly..

..sometimes

janzjottings said...

At last, a glimmer of light

nizar said...

The time is really running out.The time to talk about what will happen to the humans is very cirtical.I sometimes wonder where do people live? Do they have anywhere else to go when the earth is finally destroyed?Will their petro-dollars help?

Kayleigh said...

thats ridiculous!
i cant believe they were bribing companies. thats why so many people are STILL denying global warming.

Rogers Market said...

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Goose said...

What a wonderful blog you have - did you know that you are listed on the Blogger home page as a "Blog of Note?" As for global warming, my only hope is that people will understand the direct correlation between population growth and climate change. Population has more than doubled in my lifetime -- that's bound to have an impact. As for Exxon, they need to clean up the rest of their mess in Prince William Sound.

Marlita said...

Ok, so now that they've admitted that they were Wrong and that they've intentionally been misleading/lying (uhh isn't that like fraud? don't people go to jail for that?) ... anyway, now they (well, really, WE) need to insure that "An Inconvenient Truth" gets pumped into the school system, since it was the Exxon funded National Science Teachers Association (NSTA) that rejected the 50,000 FREE copies that were offered to our students! How do we go about that? Petition? Revote? Anyone know?

helpless said...

Now it makes sense, Exxon have obviously found a way to make a profit from global warming so are now willing to accept its exhistance.

Apparently the holing of the Exxon Valdez was not an accidental environmental disaster at all. It was a planned trial to see if a thick layer of oil on the surface of the ocean to help to cool the planet and thus void global warming and saving the world.

Marlita how many trees were cut down to make those 50 000 copies?

all jokes aside ...

Deidre said...

Good quote for an American tax payer from your blog: "But the fact remains that top analysts estimate the total cost of the war will be $1.2 to $2 trillion dollars. A fraction of that total could make the United States the global leader in solving climate change while simultaneously offering all citizens the security of our survival - as a civilization and a species."