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Top CEOs Are In a Last Ditch Bid to Persuade Trump to Stick with the Paris Climate Deal
fortune ^ | 5/31/2017 | kevin lui

Posted on 06/01/2017 8:16:56 AM PDT by RummyChick

Major U.S. corporations and leading business figures are raising an eleventh-hour appeal to President Donald Trump, urging him to not pull the country out of the landmark 2015 Paris Agreement on climate change.

Following Tesla (TSLA, -0.44%) CEO Elon Musk's suggestion that he would quit his positions on several White House advisory councils if Trump's decision is to exit the deal, as has been widely reported, other firms and business leaders have also come out in favor of the pact. Oil giants ExxonMobil (XOM, +0.30%) and ConocoPhillips (COP, +0.92%) were among companies that reiterated their support for the accord ahead of Trump's announcement, reports Bloomberg.

"Energy needs are a function of population and living standards," Exxon CEO Darren Woods said at the company's annual investor meeting in Dallas Wednesday, according to Bloomberg. Woods' position in favor of staying in the deal is the same as his predecessor, current Secretary of State Rex Tillerson. "When it comes to policy, the goal should be to reduce emissions at the lowest cost to society," Woods said, adding that demand for oil will keep growing even with the climate deal in place. ConocoPhillips thinks that being part of the Paris Agreement allows the U.S. to continue having a role in shaping efforts to reduce carbon emissions. "It gives the U.S. the ability to participate in future climate discussions to safeguard its economic and environmental best interests," company spokesman Daren Beaudo told Bloomberg in an email.

(Excerpt) Read more at fortune.com ...


TOPICS: News/Current Events
KEYWORDS: trump
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To: RummyChick
Big business is for it because Big Business can better absorb the costs while small competitors are unable to do the same! The goal of big business: wipe out the small entrepreneur and seize a greater share of the market! Not good.
41 posted on 06/01/2017 8:40:18 AM PDT by SoFloFreeper
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To: gibsonguy
"If he does that it will get the 2/3 votes count on it. This crap is the left’s key to power, control and unlimited funding. They will get the votes."

I fear you would be right. There is enough money and power involved to buy off many many Senators and neutralize most of the rest. This agreement is the key to world-wide control and dominance and a key tool to an actual world gov. Being an America first patriot doesn't pay as well.

42 posted on 06/01/2017 8:41:24 AM PDT by Truth29
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To: wideyed

True for oil companies..but I think Elon Musk really believes it.


43 posted on 06/01/2017 8:42:04 AM PDT by RummyChick (can we switch Don,Jr for Prince Kush and his flak jacket. From Yacht Party to Warzone ready to wear.)
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To: rightwingintelligentsia

Yeah, shouldn’t honest leftists ask themselves why they’re suddenly siding with the heinous fossil-fuel death merchants?

Oh, wait, they started cultivating algae in vats a couple years ago. All is forgiven.


44 posted on 06/01/2017 8:43:00 AM PDT by txhurl (Time to blow the Queen and King off the board, DJT, and by your birthday, or on it!)
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To: RummyChick

Big oil doesn’t want to compete wtth clean and cheap coal.


45 posted on 06/01/2017 8:43:17 AM PDT by pleasenotcalifornia
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To: dsrtsage

Fig leaves are a lucrative business.


46 posted on 06/01/2017 8:45:50 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: RummyChick

According to Rush Limbaugh, “Mr. President, if you don’t take us out of this, there is no way you can make America great again... Just take us out! If you want to make America great again, you can’t do it with the United States maintaining its current position in the Paris Accords.”


47 posted on 06/01/2017 8:47:48 AM PDT by Carl Vehse
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To: Principled
Add to the subterfuge that the biggest polluters - China and India - aren’t even in the “accord”.

Who told you that?

Whoever it was, stop listening because they're lying to you.

48 posted on 06/01/2017 8:49:33 AM PDT by semimojo
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To: dsrtsage
There must be tons and tons and tons and tons of money involved somehow

Only very large corporations will be able to afford the new and larger taxes, and major increases in operating costs. Small businesses will die and the huge companies will have no competition.

To heck with innovation and the competition keeping companies on their toes. Just have Government shut down all competition and the CEOs and Boards of Directors can just shovel money into their personal bank accounts without having to work for it.

49 posted on 06/01/2017 8:50:04 AM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: july4thfreedomfoundation

The big money companies are in a position to buy up credits from smaller company’s that will not need all of theirs. Thus giving the major producers of carbon emissions additional credits to keep on doing what they’re doing. That plus it gives them another tax write-off as a business expense.
All the countries involved in this also see the increase in tax $$$$ to their coffers.
Big business and government don’t do anything unless it is going to put our money in their pockets. I’ve watched their games for over six decades.


50 posted on 06/01/2017 8:50:39 AM PDT by wideyed (Tom B.)
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To: RummyChick

Musk would be nothing if not for boatloads of government climate change subsidies. So, of course he’s against pulling out of the Paris accords.


51 posted on 06/01/2017 8:50:40 AM PDT by Fresh Wind (Hillary: Go to jail. Go directly to jail. Do not pass GO. Do not collect 2 billion dollars.)
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To: july4thfreedomfoundation

The big money companies are in a position to buy up credits from smaller company’s that will not need all of theirs. Thus giving the major producers of carbon emissions additional credits to keep on doing what they’re doing. That plus it gives them another tax write-off as a business expense.
All the countries involved in this also see the increase in tax $$$$ to their coffers.
Big business and government don’t do anything unless it is going to put our money in their pockets. I’ve watched their games for over six decades.


52 posted on 06/01/2017 8:51:41 AM PDT by wideyed (Tom B.)
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To: RummyChick

I just hope we don’t get gut shot by President Trump like we did by Roberts on Obamacare.


53 posted on 06/01/2017 8:52:47 AM PDT by heshtesh ((New Yorker for Cruz))
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To: july4thfreedomfoundation

There is a goal to "reduce emissions".

Like there is no difference between Carbon Monoxide emissions (deadly and a worthy goal) and Carbon Dioxide emissions (a/k/a plant food).

54 posted on 06/01/2017 8:52:50 AM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: caligatrux

These companies are ALL transnationals. At their inception years ago they may have been US companies but no longer. They owe no fealty to the United States of America or to Americans.. They are in short globalist financial entities with globalist investors. They too, as part of the NWO, want to see our middle class and our nationalism thrown out the cosmic window. Since Trump represents both, or is supposed to, they will try mightily to suborn him. And they may succeed.


55 posted on 06/01/2017 8:53:19 AM PDT by 4Runner
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To: semimojo

I stand corrected - a distinction without a difference.

China an India (per the accord) will triple emissions over the next few decades while the US reduces hers.

Yeah , so shy does it matter that China and Indua are in the “accord”? Oh yeah ....this way we’ll be transferring more of our (my) money to them.

Geezuz


56 posted on 06/01/2017 8:54:27 AM PDT by Principled (OMG I'm so tired of all this winning....)
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To: RummyChick

So they list a corporate whore and 2 companies that want their product prices to go up!-)

I’ll take 2 solar shingles and a side order of gas with that BS!-)


57 posted on 06/01/2017 8:55:53 AM PDT by Harpotoo
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To: wideyed

“If you read the statements made by all the deep pocket companies involved, you’ll pick up on their concerns very fast. It is all about their bottom line. Oh, they throw in a tear for the environment every so often but the main concern is $$$$$$$$$$$$$!”

It just warms my heart to finally see dirty stinking hippies fighting so hard to maximize wall street profits in general, and Oil Company CEO salaries in particular. We should do all we can to spread this news of unprcedented cooperation


58 posted on 06/01/2017 8:58:19 AM PDT by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: VanDeKoik

Ok 4 months. If he had done it in January as expected it would be moot. No pressure none of this BS. Even the now worthless Vatican has said it will be a slap if we get out. So if he keeps his promise the US will be vilified And if he caves or “compromises”’ l suppose you will take another drink of Kool Aid.


59 posted on 06/01/2017 8:59:52 AM PDT by gibsonguy
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To: dsrtsage

[CEO Elon Musk’s suggestion that he would quit his positions on several White House advisory councils if Trump’s decision is to exit the deal...]

If he has ‘suggested’ that, I wouldn’t give him the chance to quit, I’d fire the disloyal loser.


60 posted on 06/01/2017 9:02:03 AM PDT by RetSignman
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