Posted on 12/30/2020 7:04:07 AM PST by rktman
Even the Rockefeller Foundation, built with John D. Rockefeller’s oil riches, is now divesting from fossil fuels.
In other areas, the energy companies are taking the lead themselves. ExxonMobil, for example, recently announced that it will begin reporting what climate activists call “scope 3” greenhouse gas emissions. Scope 1 emissions refer to those generated by a company directly on its premises; scope 2 are those emissions generated indirectly; and scope 3 are emissions not under a company’s direct control, such as those from its suppliers or distributors.
The goal of corporate climate activism is to stigmatize private companies with the “sin” of greenhouse gas emissions, even though these companies provide products and services that make our lives dramatically better. If ExxonMobil starts a trend with its decision to report scope 3, American businesses will be penalized not only for their own emissions but also for the emissions of all the businesses they work with. Even a business that sincerely works to reduce its carbon footprint – and even if it does so using effective tools like direct carbon capture and utilization, rather than just buying carbon credits or offsets – would be penalized for each of its vendors’ actions.
Common sense dictates that we shouldn’t be punished for what we can’t control. And scope 3 has other problems: the process of tracking emissions across a supply chain means that emissions will be assigned to companies more than once.
(Excerpt) Read more at realclearenergy.org ...
Too many idiots in this country.
“... Too many idiots in this country...”
“5 percent of people think, 10 percent of people think they think, and the other 85 percent would rather die than think.” - Thomas Edison.
To heck with it. US companies, in general, support the left. If they don’t actively support the left, they certainly knuckle under to the left.
So, let them cook in their own stew!
“5 percent of people think, 10 percent of people think they think, and the other 85 percent would rather die than think.” - Thomas Edison.
Interesting. So this isn’t a new phenomenon? I have a serious dislike of many of my fellow citizens.
Geez. I wonder how much “EM” ponied up to help “#bm/poc” that were “forced” to live near their refineries?
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