ExxonMobil Appeases Eco-Left – Pushes Carbon Tax, Abandons Big Projects
ExxonMobil, which has a sizable presence in the Marcellus/Utica via subsidiary XTO Energy, has a rapidly growing cancer from within--it's called the Exxon board of directors. Yes, the board of directors can and does change an entire company's culture and future. In May, Big Green pushed and pressured and pouted and demanded--and finally won the right to appoint three of Exxon's board members. A real tragedy. Those three members along with two other new board members are forcing the company to push for a carbon tax and abandon huge international projects that would make the company money for years to come. This is how the left defeats their opponents--eating them alive from within.
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