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Exxon exec has trouble adapting - Printable Version

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Exxon exec has trouble adapting - Ted King - 02-26-2014

Exxon CEO Rex Tillerson, the guy who agreed that CO2 is warming the climate but said...

"We have spent our entire existence adapting. We'll adapt. It's an engineering problem and there will be an engineering solution."

... as though it wouldn't be easier to solve the engineering problems if there wasn't so much CO2 in the atmosphere and that the worse the problem is, the more suffering there will be. But if you're really rich and manage one of the most profitable corporations in the world then it's just another engineering problem like figuring out how to drill for oil in deep ocean water without occasionally creating massive oil spills - which they'll figure out any day now, for sure, probably.

Now, in another display of plutocratic hubris, he does this:

http://beforeitsnews.com/environment/2014/02/exxon-ceo-comes-out-against-fracking-project-because-it-will-affect-his-property-values-2493612.html

As ExxonMobil’s CEO, it’s Rex Tillerson’s job to promote the hydraulic fracturing enabling the recent oil and gas boom, and fight regulatory oversight. The oil company is the biggest natural gas producer in the U.S., relying on the controversial drilling technology to extract it.

The exception is when Tillerson’s $5 million property value might be harmed. Tillerson has joined a lawsuit that cites fracking’s consequences in order to block the construction of a 160-foot water tower next to his and his wife’s Texas home.

The Wall Street Journal reports the tower would supply water to a nearby fracking site, and the plaintiffs argue the project would cause too much noise and traffic from hauling the water from the tower to the drilling site. The water tower, owned by Cross Timbers Water Supply Corporation, “will sell water to oil and gas explorers for fracing [sic] shale formations leading to traffic with heavy trucks on FM 407, creating a noise nuisance and traffic hazards,” the suit says.

Though Tillerson’s name is on the lawsuit, a lawyer representing him said his concern is about the devaluation of his property, not fracking specifically.

When he is acting as Exxon CEO, not a homeowner, Tillerson has lashed out at fracking critics and proponents of regulation. “This type of dysfunctional regulation is holding back the American economic recovery, growth, and global competitiveness,” he said in 2012. Natural gas production “is an old technology just being applied, integrated with some new technologies,” he said in another interview. “So the risks are very manageable.”



Re: Exxon exec has trouble adapting - SteveG - 02-26-2014

One of the notable considerations is that non-human species are not quite as adaptable. Sometimes they just plain die.


Re: Exxon exec has trouble adapting - Filliam H. Muffman - 02-26-2014

Yep Exxon CEO joining a suit against the water supply tower that seems to be a prelude to someone starting unwanted fracking wells under his horse farm.


Re: Exxon exec has trouble adapting - cbelt3 - 02-26-2014

Much like Democratic Senator Ted Kennedy and other members of his notable family opposing the Cape Wind farm. Not In My Back Yard. (NIMB).


Re: Exxon exec has trouble adapting - Ted King - 02-26-2014

cbelt3 wrote:
Much like Democratic Senator Ted Kennedy and other members of his notable family opposing the Cape Wind farm. Not In My Back Yard. (NIMB).

Well, they are both examples of NIMBYness, but unless the Kennedy's manage wind farms and regularly speak out against regulation of the wind industry and try hard to minimize how it negatively impacts people's lives then maybe it's not much like "much like".


Re: Exxon exec has trouble adapting - cbelt3 - 02-26-2014

Ted-
Quite true. However, the mentioned political figures called for the use of renewable energy resources and whatnot. So while they were not in the business of wind power, they were certainly in the business of benefiting politically from the idea of wind power. So I equated the two, at least in my mind.

For an energetic future for this nation, some sacrifices must be made. The sacrifices have stretched from hydroelectric dams flooding out farms and homes, to clouds of smoke from coal fired power plants choking our landscape, to ugly water tanks in the bucolic back yards of Texas plutocrats.

It's just that those with power will always insist that someone else make the sacrifice. Usually someone at a lower socio-economic status with less absolute power.


Re: Exxon exec has trouble adapting - OWC Jamie - 02-26-2014

cbelt3 wrote:
Much like Democratic Senator Ted Kennedy and other members of his notable family opposing the Cape Wind farm. Not In My Back Yard. (NIMB).

should have gone with the creepy Kennedy propensity for adultery
and poor driving skills *cough* mary jo *cough*.


Re: Exxon exec has trouble adapting - August West - 02-26-2014

It's just that those with power will always insist that someone else make the sacrifice. Usually someone at a lower socio-economic status with less absolute power.

I applaud you for picking up on the hypocrisy shown in the OP.


Re: Exxon exec has trouble adapting - Ted King - 02-26-2014

cbelt3 wrote:

It's just that those with power will always insist that someone else make the sacrifice. Usually someone at a lower socio-economic status with less absolute power.

I didn't suggest otherwise. I think the Tillerson case here is a particularly egregious example of that because it is so close to how and why he has to power and wealth that he does.


Re: Exxon exec has trouble adapting - cbelt3 - 02-26-2014

Ted- Oh, I'm in complete agreement with you. And thanks for bringing this one to the forefront.

I'm reminded of the time that someone tried to take Justice Souter's condo through Eminent Domain after he ruled with the majority that the State could seize property and turn it over to a private company if it was in the 'best interests' of the State. A very LOL moment to be sure.