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Commentary on Exxon and Global Warming "How long do the owners of EXXON have to wait for their company to moderate its confrontational attitude about global warming. Now that President Bush has recognized a national policy based on the existence of global warming on account of the activities of human beings and businesses, isn't it time for even the largest energy company to provide a responsive answer. It is possible that Exxon is correct, but its contumacious attitude has been notified by a wide variety of the global press - from the ECONOMIST to the New Statesman to the New Yorker to Tom Friedman in the New York Times. Shareholders expect that their corporations will function in a way perceived to be responsive to public concern - they do not have to agree, they do have to appear reasonable. The shareholders deserve more from their company and .. from their directors." Related Info |
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