From Labor411.org: Exxon announced that it will lay off 15% of its workforce over the next year, which means pink slips for about 14,000 employees worldwide. With oil prices in decline and fossil fuels in the crosshairs as global climate …
ExxonMobil Is a Financial and Ethical Trainwreck Read More »
If you read this article, you’ll understand why this particular case against Exxon may succeed where the others haven’t. According to the 97-page complaint, Exxon kept two sets of books.
Of the 13 billion bushels of corn harvested in the U.S. each year, 27% are consumed in creating ethanol, largely on the basis of the $7 billion in subsidies paid to corn farmers by the U.S. government.
It certainly will be interesting to see how the stock market responds to the situation in which the oil companies will soon find themselves. There are several aspects of this, none of them good for share-holders (though very good for …
A Few Good Reasons to Short Oil Companies’ Stock Read More »
About half of all the world’s fossil fuel, i.e., the energy in the hydrocarbon bonds that resulted from hundreds of millions of years of life on Earth, has been harvested and burned over the last century or so–and it’s happening …
