June 14, 2005
Bully for Exxon!
A WSJ front page news story today (not those crazy right-wingers on the Ed Page that I love so dearly...) highlights Exxon CEO's, Lee Raymond's, refusal to do the PC thing. Mr. Raymond is going to stick with principle.
Oil giants such as BP PLC and Royal Dutch/Shell Group are trumpeting a better-safe-than-sorry approach to global warming. They accept a growing scientific consensus that fossil fuels are a main contributor to the problem and endorse the 1997 Kyoto Protocol, which caps emissions from developed nations that have ratified it. BP and Shell also have begun to invest in alternatives to fossil fuels.
I want to cry when I see the BP commercials that essentially apologize to people for making and selling their product. Folks are going to have to hear the truth someday.
"We're not playing the issue. I'm not sure I can say that about others," Lee Raymond, Exxon's chairman and chief executive, said in a recent interview at Exxon headquarters in Irving, Texas. "I get this question a lot of times: 'Why don't you just go spend $50 million on solar cells? Charge it off to the public-affairs budget and just say it's like another dry hole?' The answer is: That's not the way we do things."
Bully. Why not engage people on ideas? Well done Mr. Raymond!
Posted by John Kranz at June 14, 2005 1:09 PM