Global profits, global temperatures: both soaring 30/01/2006
- Houston, United States — ExxonMobil announces record company
profits of US$32 billion in 2005. Meanwhile, NASA notes
that 2005 was the hottest year on record for our warming
planet. Coincidence? We don't think so.
While Exxon sees the billions rolling in faster and faster,
evidence that global warming is gathering pace is rapidly
piling up. While most oil companies are making huge profits,
what Exxon does -- and doesn't do -- with those profits
is what marks them out as the world's number one climate
criminal.
It's pretty easy to see why Exxon is rich. Higher oil and
gas prices, a friendly US administration which subsidises
big oil and goes easy on taxes and fees, and the kind of
fiscal conservatism that holds back compensation for environmental
disasters like the Exxon Valdez. That $US 32 billion is
the largest profit ever recorded by an American corporation.
But despite the worldwide consensus to the contrary, Exxon
continues to fund the view that we just can't figure out
what oil has to do with global warming.
Last year, an industry lobby group called the Scientific
Alliance was working the halls of government in Britain
to soften Tony Blair's position of global warming. They
published a joint report with the George C Marshall Institute
in Washington that they claimed "undermined" studies
that attribute global warming to human activity, and in
particular the burning of fossil fuels like coal and oil.
The Marshall institute has received more than a half a million
dollars from ExxonMobil since 1998 including US$95,000 for
its "global climate change programme."
And in September 2003 we uncovered a smoking-gun memo that
revealed an Exxon-funded lobby group had been asked by conservative
elements in the Bush Administration to sue their own colleagues
at the Environmental Protection Agency. An EPA study had
dared to suggest there might be a link between oil and climate
change.
Now the director of NASA's Goddard Institute for Space Studies
has openly said the Bush administration is trying to censor
the science of climate change.
James Hansen, who broke the news that 2005 was the hottest
year on record, is facing an official review of all his
written publications and being required to vet requests
for interviews from reporters. His crime was telling the
truth.
There is broad and overwhelming scientific consensus that
climate change is occurring, is caused in large part by
human activities (such as burning fossil fuels), and if
left unchecked will likely have disastrous consequences.
Eight of the 10 warmest years since 1860 have occurred within
the last decade.
Inaction could cost the Earth
There is solid scientific evidence that we should act now
on climate change. So says the scientific community that
is not paid by Exxon. That includes declarations such as
the Joint Statement last year by the national science academies
of the US, UK, France, Russia, Germany, Japan, Italy, Canada,
Brazil, China and India.
"[Climate change is] the only thing that I believe
has the power to fundamentally end the march of civilization
as we know it, and make a lot of the other efforts that
we're making irrelevant and impossible." --Former US
President Bill Clinton, Davos, January 2006
Exxonmobil is streets ahead as the world's number one climate
criminal. It has done more than any other company to stop
the world from tackling climate change. Exxonmobil admits
that it has a 'vested interest' in stopping governments
from taking action on climate change. For over a decade,
it has attempted to sabotage international negotiations
on the issue and block agreements that would reduce greenhouse
gas emissions.
It's time the company took some of that massive profit and
invested it in clean, safe, renewable energy. Write the
new CEO of ExxonMobil and demand that the world's richest
oil company stop funding inaction, and start working on
solutions. |