An interesting report in the NYTimes documents the Rockefeller family's efforts to nucleate a shareholder push toward a broader energy portfolio at Exxon. I found the following of interest:
Kenneth P. Cohen, vice president for public affairs at Exxon, said the shareholders pushing the resolutions were “starting from a false premise.” He added that the company was already concerned about “how to provide the world the energy it needs while at the same time reducing fossil fuel use and greenhouse gas emissions.”Now, while this is (ahem) consistent with a rather lukewarm acceptance of the global climate problem, it is not very consistent with outright denialism. This would mean that even with a failure of the shareholder resolution, the last of the major oil companies has already turned toward a more realistic position.
Since taking over the company two years ago, Mr. Tillerson has gradually shifted the company’s positions away from those of his predecessor, Lee R. Raymond, who was considered a skeptic on the science of global warming.
How did we reach a point where a huge slice of the public is still buying the bogus arguments of the denialists when they no longer hold any influence even at the most resistant of the major oil companies?
Update: In the comments, John Mashey points to a relevant story on DeSmog. Thanks, John!
Update: The financial press is reporting it thus.