Posts Tagged 'ExxonMobil'

ExxonMobil’s Dangerous Business Strategy – Jeffery D. Sachs

ExxonMobil’s current business strategy is a danger to its shareholders and the world. We were reminded of this once again in a report of the National Petroleum Council’s Arctic Committee, chaired by ExxonMobil CEO Rex Tillerson. The report calls on the US government to proceed with Arctic drilling for oil and gas – without mentioning the consequences for climate change.

While other oil companies are starting to speak straightforwardly about climate change, ExxonMobil’s business model continues to deny reality. ...

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Chelsea Manning and the Deepwater Horizon Killings – Greg Palast

The military whistleblower’s 2010 Wikileaks dump included information that could have saved the 11 BP workers who died that spring in the Gulf of Mexico oil rig disaster.

Five years ago Monday, 11 men died on the Deepwater Horizon oil rig — despite Chelsea Manning’s effort to save their lives.

Let me explain.

The BP drilling rig blew itself to Kingdom Come after the “mud” — the cement used to cap the well — blew out.

The oil company, the federal government and the ...

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Boycott, Divest and Sanction Corporations That Feed on Prisons

All attempts to reform mass incarceration through the traditional mechanisms of electoral politics, the courts and state and federal legislatures are useless. Corporations, which have turned mass incarceration into a huge revenue stream and which have unchecked political and economic power, have no intention of diminishing their profits. And in a system where money has replaced the vote, where corporate lobbyists write legislation and the laws, where chronic unemployment and underemployment, along with inadequate public transportation, sever people in marginal ...

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