Tag Archive | "environment"

Brits' Cold Shoulder to Exxon

Monday, May 19, 2008

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Brits' Cold Shoulder to Exxon

8-19-08 by dugan The shareholder revolt against Exxon is going global. Four big institutional investors in Britain have joined a shareholder resolution demanding that Exxon have an independent chairman of the board, and the new support should bring the chance of passage to about 50-50. Currently, the chairman title is just another perk for CEO […]

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Chevron Busts Family Budgets

Thursday, May 15, 2008

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Chevron Busts Family Budgets

Chevron Busts Family Budgets In Struggling California Town Of Casmalia State PUC Grants Oil Giant’s Water Company 89.7 Percent Rate Increase; Chevron Wanted 138 Percent CONTACT: John M. Simpson, 310-392-0522, ext 317; or cell: 310-292-1902 May 15, 2008 Santa Monica, CA — A decision today  by the California Public Utilities Commission to grant a whopping […]

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Climate Heat on Exxon

Tuesday, May 13, 2008

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Climate Heat on Exxon

5-13-08 by dugan Oh, man, I wish I had a share of Exxon. The shareholder meeting May 30 is going to be a show. A group of big institutional investors, mostly public pension funds, has filed notice that it will formally campaign to oust board member Michael Boskin. The investors say he refused repetedly to […]

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Exxon Is Holdout on MTBE

Thursday, May 8, 2008

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Exxon Is Holdout on MTBE

5-8-08 by dugan A national lawsuit over water pollution from a gasoline additive was more than half-settled yesterday when four of the five major oil comanies agreed to pay $423 million in cleanup and other costs. Chevron, Shell, BP, Conoco and several smaller companies did what’s right, and will escape years more of litigation costs. […]

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Rockefellers: Change Exxon

Wednesday, April 30, 2008

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Rockefellers: Change Exxon

04-30-08 by simpson What’s known as America’s First Family of Oil, the Rockefellers, wants Exxon Mobil, the oil giant descended from John D. Rockefeller’s  Standard Oil, to change it is ways. They’re worried the company doesn’t care enough about the environment or developing alternative energy. Forbes quoted Neva Rockefeller Goodwin, a great-granddaughter of John D. […]

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Who'll Set Bush Straight?

Tuesday, April 22, 2008

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Who'll Set Bush Straight?

4-22-08 by dugan       The headlne today seemed promising: "Bush Voices Concern About Record Oil Price." It’d be a step forward from a president who recently said he’d never heard a thing about $4.00-a-gallon gasoline. Then I read the whole story, twice. Bush’s only idea for fixing things was to open the Alaskan […]

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Oil's 'Alternative Energy' Scam

Tuesday, April 22, 2008

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Oil's 'Alternative Energy' Scam

4-22-08 by dugan When I look at oil company profit reports–which will soon reveal truly rabid profit increases in the 1st quarter of 2008–I just ignore the line on "alternative energy" spending. That’s because it is often the opposite of renewable energy. Mother Jones magazine’s latest issue has the perfect description of why: "Across the […]

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The 'Killer Biofuels' Claque

Friday, April 18, 2008

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The 'Killer Biofuels' Claque

 4-18-08 by dugan   Global warming denial  is a nearly lost cause, so its proponents have a new issue: killer biofuels. Their simple, effective message is that biofuels–all of them–are the cause of rising food costs. Thus biofuels are killing babies in the Third World. It’s cynical, brilliant and mostly untrue. But it certainly deflects blame from spiraling […]

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Green Prize Wilts Chevron

Tuesday, April 15, 2008

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Green Prize Wilts Chevron

4-15-08 by dugan     Chevron’s world headquarters in San Ramon, Calif., is less than 40 miles from San Francisco’s stately opera house. So if bad thoughts could kill, last night’s audience for the prestigious Goldman Environmental Prize would be slumped in their seats. Two winners of the "environmental Nobel Prize" were Ecuadoran activists, lawyer […]

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"Get a Grip" View on Ethanol

Monday, March 24, 2008

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"Get a Grip" View on Ethanol

3-24-08 by dugan     Leave it to the Canadians to stay calm. Consider Frank Dottori, founder and former CEO of a multibillion-dollar forest products company. Nowadays he’s heading a project to turn forest and urban waste into ethanol. He grasps all the faults of corn ethanol and sees cellulosic ethanol as the future. But […]

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