"Members of the Rockefeller family tried to get ExxonMobil to
acknowledge the dangers of climate change a decade ago – but failed in
their efforts to reform the oil giant.
"In letters, lunch meetings, and shareholder resolutions, the
descendants of John D Rockefeller, founder of the oil empire that
eventually became Exxon, sought repeatedly to persuade the company to
abandon climate denial and begin shifting their business towards clean
energy.
"'The head of investor relations was really surprised to find we didn’t
love Exxon as it was but thought changes might be a good idea,' said
Neva Rockefeller Goodwin.
"Over the next few years, Goodwin and about a dozen other Rockefellers
launched three separate shareholder resolutions pressing Exxon to
recognise climate change and invest in renewable energy. The cousins
also sought an independent chairman, believing it would make the company
more responsive.
"At the time the oil company was the main funder of dozens of front
groups and researchers rubbishing any link between the burning of fossil
fuels and climate change – or denying climate change was occurring at
all."
Read the whole article: Rockefeller family tried and failed to get ExxonMobil to accept climate change.
Needless to say, this is not fuel competition. This is not fuels competing with each other in a competitive marketplace. This is deceptive, monopolistic non-competition.
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