Search Results for: Rex Tillerson

Getting Rich By Destroying The Climate: Top Oil Execs Get Massive Bonuses

Getting Rich By Destroying The Climate: Top Oil Execs Get Massive Bonuses

Posted by | Sep 7, 2015 | , , |

A new study has found that top oil and gas executives receive massive bonuses for making decisions that ultimately have negative effects on the environment, reported AllGov.com. The Institute for Policy Studies (IPS) found that presidents, CEOs, and other top executives at the 30 largest energy companies still receive handsome compensation even when the company does poorly. The practice eliminates virtually any incentive for these top-ranking executives to make the companies better. Thinking about the short-term is a dangerous practice committed by thousands of companies in America, regardless of the industry. However, there is more danger and impact when...

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Ring of Fire’s Weekly Rewind

Ring of Fire’s Weekly Rewind

Posted by | Mar 8, 2014 | |

Video Rewind Is Obama Inviting Fascism to Kiev? On Friday, tensions mounted in Ukraine’s Crimea region. Russian forces, already in control of much of Crimea, expanded their control of the region this week, prompting President Obama to issue idle threats to Russia. Obama warned that “the United States will stand with the international community in affirming that there will be costs for any military intervention in Ukraine.” NRA is Against Elephant Preservation Last month, the Obama Administration announced the National Strategy for Combating Wildlife Trafficking, which would effectively ban the commercial sale of ivory in the United States. The...

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Exxon CEO Joins Lawsuit to Protect His Texas Property from Fracking

Exxon CEO Joins Lawsuit to Protect His Texas Property from Fracking

Posted by | Feb 25, 2014 | |

ExxonMobil CEO Rex Tillerson has decided to join a lawsuit to prevent fracking from “devaluing” his property in Texas. Tillerson, whose company and industry avidly promote the controversial process of hydraulic fracturing and attempt to block regulatory oversight, wants to prevent the process from coming to his neighborhood. Tillerson once famously said, “What good is it to save the planet if humanity suffers?” Now it seems that, because he could be personally inconvenienced and his property could be devalued, the CEO has decided that saving the environment, at least on his multi-million dollar Texas property, may not be such...

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