Posts Tagged: Exxon
The leaders of fossil fuel companies are personally incentivized to keep their firms on a path of climate destruction.
Like Big Tobacco, Big Energy targets the developing world for future profits.
Spills, leaks and deliberate discharges are happening in oilfields all over the world and very few people seem to care.
It's painfully clear, as the blood spills on both sides of the Chad border, that the consortium of international oil companies and their allies at the World Bank won't let anything stop a drop of oil from flowing to global markets.
The World Bank backed down in a dispute that illustrates what's wrong with lending to poor nations for oil and gas production.