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ExxonMobil CEO Sues To Stop Fracking Near His Mansion

This news story highlights corporate executive hypocrisy. The Nation reported that Rex Tillerson, the Chief Executive Officer (CEO) at ExxonMobil, has sued to stop fracking activities near his mansion:

"... Tillerson, a vocal proponent of hydraulic fracking, who is suing to prevent the construction of a water tower near his eighty-three-acre, $5 million horse ranch in Bartonville, Texas. The purpose of the tower? Storing water for fracking. Tillerson and his super-wealthy neighbors are concerned, the lawsuit states, that the fracking tower might “devalue their properties..."

By implication, this means it is better to locate fracking activities in or near neighborhoods of poor and middle-income people. They won't mind, right?

Is Mr. Tillerson's hypocritical actions atypical at ExxonMobil? I think not. Why? It's important to remember history. The Guardian UK reported in July 2015:

"ExxonMobil, the world’s biggest oil company, knew as early as 1981 of climate change – seven years before it became a public issue, according to a newly discovered email from one of the firm’s own scientists. Despite this the firm spent millions over the next 27 years to promote climate denial. The email from Exxon’s in-house climate expert provides evidence the company was aware of the connection between fossil fuels and climate change, and the potential for carbon-cutting regulations that could hurt its bottom line, over a generation ago... Exxon’s public position was marked by continued refusal to acknowledge the dangers of climate change, even in response to appeals from the Rockefellers, its founding family... Over the years, Exxon spent more than $30m on think tanks and researchers that promoted climate denial, according to Greenpeace. Exxon said on Wednesday that it now acknowledges the risk of climate change and does not fund climate change denial groups."

What are your opinions?


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Chanson de Roland

Mr. Tillerson got in trouble at ExxonMobil (Exxon) before over this issue, when he filed an earlier lawsuit to prevent fracking operations near his one of his expensive homes in Texas. I don't know whether it was this same ranch. However, Mr. Tillerson was forced to dismiss that earlier lawsuit, because the intense criticism that he received inside of Exxon. So it seems that Mr. Tillerson has decided to prosecute this lawsuit, knowing that his action, like the former one, will be ill taken inside of Exxon and by some members of Exxon's Board.

Will Mr. Tillerson ultimately have to at least end his participation in this latest lawsuit to stop fracking near his property? We shall see.

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