May 30, 2013

What good is saving the planet? asks ExxonMobil CEO

To be fair, the issue is complicated.

However, yesterday, at a shareholders meeting, Rex Tillerson, CEO of ExxonMobil Corporation, the world's largest oil company, said

Mr Tillerson was responding to issues raised by activists wanting the company to establish some simple greenhouse gas emissions targets.

Shareholders voted down that motion by a margin of 3 to 1. They also nixed a proposal to ban discrimination where sexual orientation might be a factor. Apparently ExxonMobil already has that covered.

Makes a person wonder if buying anything from a company like this is a good idea. In Canada, and throughout much of the world, the company is known by its Esso brand name.

And about that suffering thing... Mr Tillerson might not have to suffer as much as others. He recently received a 15 per cent pay raise bringing his salary for the past year to 40.3 million dollars.

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