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Apr 26, 2007
Focus: Environment
Action Request: Petition
Location: United States

ExxonMobil is a leader in producing global warming. They've also been a leader in denying global warming, while making enormous profits (a record-breaking $36 billion in 2005, topping the $26 billion they made in 2004), failing to pay punitive damages for the Valdez disaster, and resisting calls to invest in renewable energy.

Consider the facts:

  • With their enormous profits clocking in at around $1,150 per second, it's no wonder ExxonMobil continues to smash records almost every quarter. With such massive profits, ExxonMobil should be a leader in developing climate change solutions. Instead, in many ways, it is behind its peers in investing in green technologies.
     

  • According to Friends of the Earth, over the past 120 years, ExxonMobil and its predecessor companies are to blame for around five percent of the carbon dioxide emissions that lead to global warming.
  • A Union of Concerned Scientists report, "Smoke, Mirrors & Hot Air: How ExxonMobil Uses Big Tobacco's Tactics to "Manufacture Uncertainty" on Climate Change", documents how ExxonMobil has used tobacco industry disinformation tactics and even some of the same firms to deny the reality of global warming for years.
  • ExxonMobil still refuses to pay $4.5 billion it owes in punitive damages to fishermen, natives, and others harmed by the 1989 Exxon Valdez spill.

Years of consumers and investors expressing concern about ExxonMobil's role in producing global warming is having an impact. ExxonMobil recently recognized global warming as a reality and that its potential risks should be addressed. However, this hugely profitable energy giant is not taking steps in the short term to significantly address carbon emissions. Now, the challenge is to get them to move forward quickly on investing in climate change solutions and taking responsibility for their environmental impacts overall.

Join thousands of other concerned consumers nationwide in telling ExxonMobil to use their massive profits to invest in a clean energy future today.

http://www.coopamerica.org/takeaction/exxon2007/
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Posted: Apr 26, 2007 8:41am

 

 
 
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