ExxonMobil
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Myth: Unlike cap-and-trade, a carbon tax is simple, immune to manipulation, & politically palatable
A strange-bedfellows political coalition, everyone from the CEO of Exxon to climate scientist James Hansen, supports a carbon tax as an alternative to cap-and-trade. Tax proponents allege that cap-and-trade is too complicated; too friendly to financial industry tricks and manipulations; too open to loopholes, cheating, and special pleading; too weak to work. This is all […]
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Enviros Mobil-ize to Put the Nix on Exxon
Enviro groups plan to oppose the proposed merger of Mobil and Exxon at the companies’ annual meetings this week out of fears that Mobil’s more conciliatory stance on climate change will be x-ed out if Exxon gets regulatory clearance to buy Mobil for $75 billion. Mobil was initially critical of the Kyoto climate change treaty, […]