Is California Attempting to ‘Suicide’ Big Oil and Write the Suicide Note?

Is California Attempting to ‘Suicide’ Big Oil and Write the Suicide Note?


Sometimes big corporations are their own worst enemies. They say things and do things that at the moment sound good and perhaps win an immediate PR battle, but those same words or positions can come back to bite them later. Such is the case for ExxonMobil. 

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Back in 2006, almost 20 years ago, the company’s then-CEO Rex Tillerson told the New York Times that a company report had acknowledged the link between the consumption of fossil fuels and rising global temperatures, saying, “We recognize that climate change is a serious issue.” He then added, “We recognize that greenhouse gas emissions are one of the factors affecting climate change.” 

This massive gesture of appeasement was a major concession, and it awarded a huge

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