Exxon Establishes Shrewd "Anti-Environment" Environmental Policy
What Global Warming?
ExxonMobil claims to be “taking on the world’s toughest energy challenges.” If you visit the corporate website, you can view what it believes to be the key energy-related issues facing our nation. Things like “earnings” and “investments” are recurring themes, and it seems as though the high price of gasoline is a challenge to growing profits rather than a challenge to create change. Exxon notes that even if all the corn in the entire country were utilized for fuel, it would account for only 15% of US gasoline consumption, which is its only discussion of renewable fuels.
Companies such as BP and Shell attack the energy and the environment issue first and foremost on their websites and are actively seeking investment in new, cleaner, technologies. Exxon, on the other hand, as part of its research into the effects of global warming, decided to “embrace the uncertainty in all of this,” as its head researcher told scientists at MIT. Though industries such as solar and wind power have not become mainstream yet, they are important to the environment — and, as BP and Shell have realized, also important for corporate image.
ExxonMobil is unapologetic when it comes to its lack of investment in sustainable fuel technology, and instead is looking into cleaner ways to burn existing fuel. The oil company’s approach to the energy crisis as it relates to sustainability is understandable; earnings can seem more tangible than environment effects. Emphasizing what isn’t known rather than what is known about global warming and how it relates to fossil fuel emissions is ExxonMobil’s strategy, and whether it will work in the long term or not will ultimately be decided by the company’s customers…unless the world’s toughest energy challenge becomes finding the energy to ship everyone to live on Mars.
For more information: www.exxonmobil.com
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