Exxon cuts ties to global warming skeptics

[Dogmudgeon]

I consider this to be good news.

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Posted without additional comment ...

--p!

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Exxon cuts ties to global warming skeptics

(MSNBC and Reuters; Updated: 1:42 p.m. ET Jan 12, 2007)

Oil major Exxon Mobil Corp. is engaging in industry talks on possible U.S. greenhouse gas emissions regulations and has stopped funding groups skeptical of global warming claims — moves that some say could indicate a change in stance from the long-time foe of limits on heat-trapping gases.

...

Boudreux said Exxon in 2006 stopped funding the Competitive Enterprise Institute, a nonprofit advocating limited government regulation, and other groups that have downplayed the risks of greenhouse emissions.

CEI acknowledged the change. “I would make an argument that we’re a useful ally, but it’s up to them whether that’s in the priority system that they have, right or wrong,” director Fred Smith said on CNBC’s “On the Money.”

Last year, CEI ran advertisements, featuring a little girl playing with a dandelion, that downplayed the risks of carbon dioxide emissions.

Since Democrats won control of Congress in November, heavy industries have been nervously watching which route the United States may take on future regulations of carbon dioxide and other heat-trapping gases scientists link to global warming. Several lawmakers on Friday introduced a bill to curb emissions.

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Exxon’s funding action was confirmed this week by its vice president for public affairs. Kenneth Cohen told the Wall Street Journal that Exxon decided in late 2005 that its 2006 nonprofit funding would not include CEI and "five or six" similar groups.

Cohen declined to identify the other groups, but their names could become public this spring when Exxon releases its annual list of donations to nonprofit groups.

Scoring oil
In a report last year on how oil majors are addressing global warming emissions, Ceres gave Exxon a 35 — the worst of any company. Oil majors BP and Royal Dutch Shell got 90 and 79, respectively.

“Given how large and influential Exxon is and that they are basically the last big industry climate skeptic standing, even small moves can have a very big impact,” said Logan.

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(more at URL)

[Botany]

1. Exxon dedicated 2% of their recoed profits to funding ...

.... global warming skeptics.

[BeatleBoot]

2. Well, if Exxon said it, then it must be true...

After all, its in their best interest to cut ties with those Global Warming skeptics.

[applegrove]

3. Yipeee! One small win for the environment.

[Javaman]

4. There was another article regarding this new found

It was last week if I remember correctly, and basically they stated, that although they are looking at global warming, they aren't changing anything at all regarding how they feel about it.

So in other words their ad campaign failed and realized they it painted them as complete fools.

so now, I bet you, they will find yet another ad campaign that will paint them as sort of green with a polluting touch.