Rockefellers Seek Change at Exxon

[cal04]

http://www.nytimes.com/2008/05/27/business/27exxon.html?hp

The Rockefeller family built one of the great American fortunes by supplying the nation with oil. Now history has come full circle: some family members say it is time to start moving beyond the oil age.

The family members have thrown their support behind a shareholder rebellion that is ruffling feathers at Exxon Mobil, the giant oil company descended from John D. Rockefeller’s Standard Oil Trust.

Three of the resolutions, to be voted on at the company’s shareholder meeting on Wednesday, are considered unlikely to pass, even with Rockefeller family support.

(snip)
One resolution would urge the company to study the impact of global warming on poor countries, another would encourage Exxon to reduce its emissions and a third would encourage it to do more research on renewable energy sources like solar panels and wind turbines.

[Tippy]

1. Rockefeller family ....

Should have done this years ago.....then possibly other oil companies might have followed...

[Yael]

2. They are about 20 years to late

[Bob Dobbs]

3. Rockefellers top guilliotine list

after the coming Revolution.

Too little, way too late.

[FREEWILL56]

4. As long as the Rockefellers are making money they never really cared.

Shareholders screaming did catch their attention as this strikes more at home than anything other than profit losses would have.