11–20 of 71 posts
Earlier quoted context omitted.
And they knew about impacts of climate change in the 70s https://www.scientificamerican.com/article/exxon-knew-about-... Reminds me of how I see executives manage to “fail upward”, where it’s just so clear the people pulling the strings don’t give a darn about workers or the population at large.
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Earlier quoted context omitted.
And they knew about impacts of climate change in the 70s https://www.scientificamerican.com/article/exxon-knew-about-... Reminds me of how I see executives manage to “fail upward”, where it’s just so clear the people pulling the strings don’t give a darn about workers or the population at large.
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This kind of actions (alongside Chevron's treatment of Danziger for his work against their pollution in Ecuador) is why: * high level executives must have personal responsibility. They get paid the big bucks, they should get all the responsibility that comes with it. Jail a few of the egregious human rights abusers/negligent killers, and this kind of thing will be taken seriously. Why does a Muillenburg get to walk a…
Earlier quoted context omitted.
And they knew about impacts of climate change in the 70s https://www.scientificamerican.com/article/exxon-knew-about-... Reminds me of how I see executives manage to “fail upward”, where it’s just so clear the people pulling the strings don’t give a darn about workers or the population at large.
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My organization Fight for the Future was targeted by the same hacking-for-hire operation while working on net neutrality protections. It was really interesting because at the time the conclusion of our security consultants was that the attack was just random commercially-motivated prospecting. Then the Citizen Lab Dark Basin report came out years later and it was clear they were after our internal comms, so they coul…
Best of both worlds should you truly need to access it. Or are depositions also a concern?
Funny enough I just did a business law presentation on Comcast Corp v FCC (2010). Thanks for doing what you could for Net Neutrality
Earlier quoted context omitted.
And they knew about impacts of climate change in the 70s https://www.scientificamerican.com/article/exxon-knew-about-... Reminds me of how I see executives manage to “fail upward”, where it’s just so clear the people pulling the strings don’t give a darn about workers or the population at large.
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This kind of actions (alongside Chevron's treatment of Danziger for his work against their pollution in Ecuador) is why: * high level executives must have personal responsibility. They get paid the big bucks, they should get all the responsibility that comes with it. Jail a few of the egregious human rights abusers/negligent killers, and this kind of thing will be taken seriously. Why does a Muillenburg get to walk a…
I agree with you but the only time execs were held personally responsible that I can remember is Enron and that was on insider trading charges. There is so much plausible deniability and near unlimited appeals built into the system that it would take mountains of evidence and several hundred Lina Khans for an actually responsible executive to be tried for something like this.
And Iceland put bankers in jail after the financial crisis https://www.vox.com/2015/6/9/8751267/iceland-capital-control...
Earlier quoted context omitted.
And they knew about impacts of climate change in the 70s https://www.scientificamerican.com/article/exxon-knew-about-... Reminds me of how I see executives manage to “fail upward”, where it’s just so clear the people pulling the strings don’t give a darn about workers or the population at large.
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For that matter, are there climate models predicting deaths on the order of 1 billion? Do they even make such predictions?
On the underlying matter of oil companies being responsible for climate change… the law and the morality is far less clear. We are essentially all complicit.
This kind of actions (alongside Chevron's treatment of Danziger for his work against their pollution in Ecuador) is why: * high level executives must have personal responsibility. They get paid the big bucks, they should get all the responsibility that comes with it. Jail a few of the egregious human rights abusers/negligent killers, and this kind of thing will be taken seriously. Why does a Muillenburg get to walk a…
And they knew about impacts of climate change in the 70s https://www.scientificamerican.com/article/exxon-knew-about-... Reminds me of how I see executives manage to “fail upward”, where it’s just so clear the people pulling the strings don’t give a darn about workers or the population at large.
One would expect the average CEO would literally kill for a roadmap of the future. They had it, and more. Exxon, ARCO, and others even made early R&D investments that helped pioneer terrestrial solar power, not to mention their extensive R&D capabilities more broadly. Sticking with the metaphor, they had the map and some of the most important tools for the journey ahead.
Fifty years were long enough even a financial moron could have developed a long-term transition plan that avoided stranded assets and massive losses. And they--and their people--weren't financial morons. Hell, much of their capital equipment and facilities investments had expected lifespans of a similar length. They had everything needed to create the mother of all soft landings.
Hell, they could have engineered an outcome where they came out well ahead. Being able to rebrand yourself as the company that chose to sacrifice itself to save the world buys you a hell of a lot of goodwill you can leverage for subsidies in Washington. We’d have paid them for it and thanked them for the privilege.
It couldn’t have been that much harder than convincing an entire political party that the problem didn’t exist. Oil companies convincing the public they were shitty companies that needed to be reborn? If they focused on the dying part of rebirth, that wouldn’t have been a very difficult sell even back then.
Only someone who failed upwards could have been gifted a hand like that and still manage to choose the worst possible path for both the world and their own company. All they managed to do was delay the transition and make it more expensive for their company and the world.