Friday, 13 January 2017

Exxon's Potential Climate Fraud

Dear Reader,

It could be the biggest case of corporate fraud in history.
Exxon knew about climate change as early as the 1970s. It’s been lying for decades about the greatest environmental crisis the planet has ever faced. It secretly funded a campaign of denial to discredit the work of climate scientists. And it may have committed fraud in the process.
If that weren’t bad enough, Donald Trump has now nominated Exxon’s own CEO, Rex Tillerson, to Secretary of State -- one of the most powerful positions in his administration. 

At Friends of the Earth Action, we’re working to get to the bottom of this. We’re pushing to stop the federal government from doing business with Exxon. We’re fighting to block the appointment of Tillerson. And we’re supporting the investigation launched by the Attorneys General of New York and Massachusetts.
But those states are facing intense pressure from Big Oil and Members of Congress to drop the investigation. With Trump in the White House and his Administration full of Exxon cronies, it’s going to take everything we’ve got to expose the truth about what Exxon knew and when they knew it. 
Time and time again, Exxon has gone to extreme lengths to protect its profits. They’ve even risked our planet to do it. 
Exxon’s own scientists told its executives about climate change in the 1970s. But the executives spent the next 40 years hiding the truth. Building on the tobacco industry's experience, they spent millions trying to confuse public opinion.
At the same time, they raised the height of their offshore drilling rigs to account for rising ocean levels, and expanded drilling in areas where they thought melting ice caps would make the drilling cheaper.
The company has misled the public and our leaders in Congress about the climate crisis. And it has a long track record of funding anti-science groups in order to prevent action on climate.
The momentum to stop Exxon is building. Last month a petition was filed with the EPA to cut off the company from federal contracts. And we’ll have more chances to bring the truth to light during Rex Tillerson’s confirmation hearings.
But as we get closer to exposing Exxon’s potential fraud, the company and its friends in Washington will fight back. So we need your help to stand up to their attacks.
Erich Pica,
Friends of the Earth Action

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