Exxon reported on thursday the "...biggest annual profit on record for a U.S. corporation - earning more than $75,000 every minute of 2006 on the back of record oil price..." and "posted net earnings of $39.5 billion on revenue of $377.6 billion last year..."
Just a few months ago I read an article in Men's Journal about the alter-ego of the behemoth company. They were admitting to Global Warming to the media, yet they were shelling out millions of dollars to small companies to assist them in DENOUNCING global warming and its effects. On January 12th, they reported that they were "cutting ties to global warming skeptics." Congratulations. I guess its a step in the right direction, but honestly, why should I trust you now?
Also on the news this evening is the fact that they contribute absolutely no money to the research or use of alternative energy. NONE. Not even proven methods, such as Wind, solar, or hydro. According to the reporter on abc news, they would consider natural gas as an alternative energy.
Theres a lot of cynics out there on global warming, and I'd be counted among them. But the fact is, were GONNA run out of oil, whether we like it or not, and its imperitive that we find soemthing else. Its hard to decide whats going on when its warm in the east, but in Denver we've been freezing since November. But a good clue is when an ancient ice shelf in Canadian suddently breaks free.
As for me, I rest in the "Im not sure what is going on, but I'd rather be safe than sorry" camp. Unfortunately for Exxon, they seem to be in the "whatever makes us more money" camp, and as of today, I've officially washed my hands of their "dirty" pracitices until further notice.