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Is Exxon backing away from climate change deniers?

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RedEarth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-29-08 09:20 AM
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Is Exxon backing away from climate change deniers?
Exxon Mobil Corp. has cut funding to groups raising questions about climate change from human-generated carbon dioxide, a move taken on the eve of its annual meeting in the face of criticism that the oil giant isn't as green as some of its rivals.

On the surface, this looks somewhat promising, especially considering that Exxon cut funding to the notorious climate change skeptics at the Competitive Enterprise Institute (CEI) last year.

But a healthy dose of skepticism on our side is important. Let's dig below that glossy corporate surface and follow the money.

Last year, Greenpeace pointed out that although Exxon stopped its handouts to the CEI, it was still up to no good:

ExxonSecrets has obtained the company's Exxon Foundation 2005 report to the IRS. Exxon told the IRS that that it funded 14 groups specifically for their climate change work. But somehow the company didn’t mention this in public.

In addition to those 14 groups, Exxon was also still giving millions to other front groups that faithfully pump out global warming denier propaganda (pdf , pp. 10-15).

Finally, let's take a look at the groups most recently defunded, namely their key individuals and goals:

http://www.desmogblog.com/is-exxon-backing-away-from-climate-change-deniers
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