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Wed Jun 12, 2019, 11:53 AM

Revealed: Mobil sought to fight environmental regulation, documents show

This discussion thread was locked as off-topic by Omaha Steve (a host of the Latest Breaking News forum).

Source: The Guardian

Oil giant Mobil sought to make tax-exempt donations to leading universities, civic groups and arts programmes to promote the company’s interests and undermine environmental regulation, according to internal documents from the early 1990s obtained by the Guardian.

The documents shine a light on the ways corporations have used their money to buy influence, amass prestige and shape public policy through grants to academic programmes and advocacy groups.

The documents come to light as ExxonMobil, formed when Mobil merged with Exxon in 1999, is now facing investigations by multiple state attorneys general over claims it failed to communicate known climate crisis-related risks to investors and the public.

The documents, dated in 1993 and provided to the Guardian by the Climate Investigations Center, show the Mobil Foundation justified spending by detailing major “benefits to Mobil” they expected in return for more than 80 proposed grants for 1994 – a practice not-for-profit experts said may have violated federal law.

Read more: https://www.theguardian.com/business/2019/jun/12/mobil-tax-exempt-donations-promote-interests-environmental-regulation-documents

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Reply Revealed: Mobil sought to fight environmental regulation, documents show (Original post)
brooklynite Wednesday OP
sakabatou Wednesday #1
hibbing Wednesday #2
Omaha Steve Wednesday #3

Response to brooklynite (Original post)

Wed Jun 12, 2019, 12:04 PM

1. Not surprised

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Response to brooklynite (Original post)

Wed Jun 12, 2019, 12:54 PM

2. I'm sure all other multinationals don't do the same thing n/t

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Response to brooklynite (Original post)

Wed Jun 12, 2019, 02:11 PM

3. After a review by forum hosts....LOCKING

Analysis.

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