Not Logged In Log In   Sign Up   Points Leaders
Follow Us    3:37 PM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Exxon Among Targets for Divestiture in Climate Push Back to Topics
Pielededrac
Champion Author
Florida

Posts:2,842
Points:851,630
Joined:Nov 2012
Message Posted: Jul 27, 2013 12:09:51 AM

Activist Bill McKibben, who helped turn an obscure oil pipeline project into a high-profile political fight, has a new target for his effort to curb global warming: energy companies such as Exxon Mobil Corp. (XOM)

McKibben’s group, 350.org, is asking colleges, cities and churches to divest their financial holdings from a group of 200 companies that produce coal, oil or natural gas. So far six schools, 16 cities and 11 religious institutions have agreed to divest from those companies, according to his group.

Visit Bloomberg for full article
REPLIES (newest first) Post a Reply
drpepperTX
Champion Author Texas

Posts:14,375
Points:1,526,355
Joined:Apr 2011
Message Posted: Jul 30, 2013 12:42:32 PM

LMAO!!!

"A patriot and a great man"???

The nut is insane me thinks!

Take this quote for example on "Big Oil”:

"…this industry, and this industry alone, holds the power to change the physics and chemistry of our planet , and they’re planning to use it." - Bill McKibben

Change the physics? This guy is truly, certifiably, nuts as are his followers.
polarbear2
Champion Author Maine

Posts:15,489
Points:3,531,355
Joined:May 2004
Message Posted: Jul 30, 2013 11:47:51 AM

And solar and wind power are unaffordable.
sydb7
Champion Author Atlanta

Posts:5,928
Points:2,600,885
Joined:Mar 2003
Message Posted: Jul 28, 2013 8:19:01 AM

Fossil fuel is not sustainable...
Eugenian
Champion Author Oregon

Posts:2,785
Points:540,645
Joined:Oct 2009
Message Posted: Jul 28, 2013 4:08:48 AM

Bill McKibben is a patriot and a great man.
dylan126
Champion Author Cleveland

Posts:7,709
Points:1,359,570
Joined:Sep 2011
Message Posted: Jul 27, 2013 3:02:19 PM

whatever
endymion
Champion Author New York

Posts:2,473
Points:506,295
Joined:Nov 2012
Message Posted: Jul 27, 2013 3:01:57 PM

Interesting
dudleydolittle
Champion Author Cleveland

Posts:7,707
Points:1,354,135
Joined:Sep 2011
Message Posted: Jul 27, 2013 2:55:07 PM

some one is always grandstanding
leemun
Champion Author Utah

Posts:8,821
Points:1,806,550
Joined:May 2010
Message Posted: Jul 27, 2013 2:19:31 PM

How can people like McKibben be so stupid? What do they really want to happen? If people like this have their way, what will happen?
DanMtz
Champion Author Oakland

Posts:6,603
Points:2,021,040
Joined:Oct 2009
Message Posted: Jul 27, 2013 1:52:31 PM

Knucklehead.
drpepperTX
Champion Author Texas

Posts:14,375
Points:1,526,355
Joined:Apr 2011
Message Posted: Jul 27, 2013 11:29:37 AM

Extremist Eco-terrorism at work.
Red7002011
Champion Author Mississippi

Posts:6,568
Points:1,443,875
Joined:Jul 2011
Message Posted: Jul 27, 2013 11:14:30 AM

Really!
Ticobird
Champion Author Huntsville

Posts:5,455
Points:1,781,975
Joined:Oct 2009
Message Posted: Jul 27, 2013 10:58:15 AM

These people literally want to put the genie back in the bottle:)

“If we can bottle up this stuff, then we can buy some time,” McKibben said. “If we can block Keystone, then the tar sands is basically a dead letter.”
VB_Richard
Champion Author Virginia Beach

Posts:4,891
Points:1,131,870
Joined:Dec 2011
Message Posted: Jul 27, 2013 10:56:06 AM

Reasonable if you don't agree with company outlook.
EVBuddy
Champion Author Nevada

Posts:19,783
Points:3,761,885
Joined:Sep 2004
Message Posted: Jul 27, 2013 10:51:43 AM

OK
bobzilla11
Champion Author Indiana

Posts:2,828
Points:1,209,390
Joined:May 2011
Message Posted: Jul 27, 2013 10:44:56 AM

Schools and cities traditonally float bonds, backed by safe investments, not too highly speculative, as a hedge against inflation, but a lot became caught up in funds including products that cause inflation. Time to re-adjust,if only for that reason.
wayne1066
Sophomore Author California

Posts:194
Points:640,135
Joined:Feb 2011
Message Posted: Jul 27, 2013 10:43:59 AM

Tree huggers should be tied to Verde trees. Incidentally like most desert flora they do have thorns (lots of thorns).
Buck_on_Bass
Champion Author Tennessee

Posts:11,163
Points:2,076,320
Joined:Jul 2007
Message Posted: Jul 27, 2013 10:42:32 AM

McKibben is either wearing blinders or is seeking publicity for himself. His divestiture campaign ignores ExxonMobile's investment in natural gas and alternate fuels. ExxonMobile has spent over $600 million to acquire biodiesel from algae technology plus additional moneys to advance and commercialize the technology.
techque
Champion Author St. Louis

Posts:11,668
Points:2,922,415
Joined:Apr 2005
Message Posted: Jul 27, 2013 10:34:35 AM

"activists" aka ecoterrosits, pay themselves huge salaries so are always looking for the next big sky is falling event to raise money from gullible doners.
Oldzin
Champion Author Orange County

Posts:4,015
Points:950,200
Joined:Oct 2012
Message Posted: Jul 27, 2013 10:33:25 AM

Now what will this idiot and his cohorts do when they sit n the dark and stare at blank now useless computer screens?
These are the types who never think something through to its logical conclusion.
us412
Champion Author Arkansas

Posts:27,963
Points:3,176,135
Joined:Apr 2006
Message Posted: Jul 27, 2013 10:32:29 AM

Green isn't enough, you have to be "Bill McKibben Green" or he will come after you! See? He is the self proclaimed god of Green Enough!
HoosierDaddyKY
Champion Author Kentucky

Posts:3,426
Points:831,020
Joined:Dec 2011
Message Posted: Jul 27, 2013 10:32:16 AM

The 'green' movement has been proven to be a colossal scam and the taxpayers (people with a real job) are picking up the tab!
traumer
Champion Author Twin Cities

Posts:8,676
Points:2,111,555
Joined:Aug 2006
Message Posted: Jul 27, 2013 10:31:06 AM

Put McKibben in jail and throw away the key.
gafgar
Champion Author Detroit

Posts:3,396
Points:886,850
Joined:Feb 2012
Message Posted: Jul 27, 2013 10:30:10 AM

politics.
lindact
Champion Author New Haven

Posts:11,820
Points:2,457,050
Joined:May 2008
Message Posted: Jul 27, 2013 10:29:59 AM

Ongoing balance of power.
OgriWI
Veteran Author Wisconsin

Posts:351
Points:1,063,925
Joined:Aug 2009
Message Posted: Jul 27, 2013 10:27:47 AM

They can divest if they want. I hope exxon's foundation and all of its employees stop contributing to those same institutions that are diveting
F81M
Champion Author Indiana

Posts:4,730
Points:1,556,005
Joined:Aug 2008
Message Posted: Jul 27, 2013 10:27:18 AM

Somebody needs to divest him!
fatboy97
Champion Author Twin Cities

Posts:5,705
Points:2,480,825
Joined:Aug 2007
Message Posted: Jul 27, 2013 10:27:14 AM

And Millions have it in their 401k.
FusionCa
Champion Author San Diego

Posts:3,982
Points:1,316,695
Joined:Jun 2011
Message Posted: Jul 27, 2013 10:26:54 AM

Sounds Good.
MaxWebster
Champion Author Toronto

Posts:2,740
Points:760,840
Joined:Apr 2011
Message Posted: Jul 27, 2013 10:26:25 AM

Something must be done
Tegger
Champion Author Ontario

Posts:6,298
Points:2,419,315
Joined:Nov 2005
Message Posted: Jul 27, 2013 10:26:16 AM

OK
geezrtek
Champion Author Michigan

Posts:5,138
Points:908,900
Joined:Apr 2011
Message Posted: Jul 27, 2013 10:25:42 AM

hunh
TRAIN RIDER
Champion Author San Bernardino

Posts:12,300
Points:3,530,930
Joined:Oct 2004
Message Posted: Jul 27, 2013 10:25:27 AM

I bet he is making money off this global warming hoax.
mycar2
Champion Author Akron

Posts:4,911
Points:3,099,875
Joined:Apr 2004
Message Posted: Jul 27, 2013 10:25:01 AM

they have our money to do it, and it's an endless supply, loose some just raise the price of gas , always have a influx to loose
SavingInNC
Champion Author North Carolina

Posts:7,429
Points:1,751,910
Joined:Oct 2006
Message Posted: Jul 27, 2013 10:24:12 AM

Ubama
Grinch09
Champion Author Grand Rapids

Posts:2,596
Points:135,445
Joined:Dec 2009
Message Posted: Jul 27, 2013 10:24:10 AM

The only warming is washingtons pockets $$$$$ & ours are ICE!
waz1951
All-Star Author Pennsylvania

Posts:949
Points:374,685
Joined:Jan 2013
Message Posted: Jul 27, 2013 10:23:19 AM

And the beat goes on!
ttfn5tigger
Champion Author Indianapolis

Posts:4,968
Points:1,159,825
Joined:Apr 2011
Message Posted: Jul 27, 2013 10:21:28 AM

They are worried about profits, but the environment
dlemma
Champion Author Wyoming

Posts:7,151
Points:2,322,270
Joined:Feb 2008
Message Posted: Jul 27, 2013 10:21:06 AM

this is RIDICULOUS. Global warming is a HOAX - actually a "religion" of environmentalists that worship animals more than people. It is a lead up to one world government, which has not been such a hidden agenda anymore of the left. No sovereign US - hmmm, wonder what part Nobama is playing in this?
fedupMN
Champion Author Twin Cities

Posts:5,780
Points:1,191,585
Joined:Mar 2011
Message Posted: Jul 27, 2013 10:20:52 AM

The oil companies have a lot more money than all the activists put together, beside they own the congress, senate and the WH regardless of which party gets into office.
krobp46
Champion Author Milwaukee

Posts:6,020
Points:1,316,770
Joined:Sep 2011
Message Posted: Jul 27, 2013 10:19:45 AM

When eternal crybabies like McKibben get their way, everybody pays
studebaker1940
Champion Author Tampa

Posts:5,668
Points:1,449,555
Joined:Mar 2011
Message Posted: Jul 27, 2013 10:19:32 AM

Letting government have anything to do with the running of a company is akin to letting a blind squirrel drive your car with your children in it
GrumpyCat
Champion Author Alabama

Posts:5,954
Points:1,407,630
Joined:Jun 2009
Message Posted: Jul 27, 2013 10:18:39 AM

Excellent idea! Get the greenies out of profitable (and useful) businesses!
Brakepiston
Champion Author Toronto

Posts:2,790
Points:682,020
Joined:May 2013
Message Posted: Jul 27, 2013 10:18:35 AM

"Unless these companies can be persuaded to leave 80 percent of the available fossil fuels in the ground, climate change will proceed at a pace that would be catastrophic for the planet, they say."

Yeh, right. It's like that is going to happen. An oil company leave 80% of the oil in the ground? Getting it out of the ground is their business and they aren't going to voluntarily put themselves out of business.
installer
Champion Author San Diego

Posts:3,994
Points:1,245,560
Joined:Nov 2008
Message Posted: Jul 27, 2013 10:18:21 AM

Why is this news?
BlueVanGroup
Champion Author Fort Collins

Posts:10,911
Points:2,292,335
Joined:May 2008
Message Posted: Jul 27, 2013 10:18:19 AM


Without oil, how will Al Gore fly his private jet to his mansions around the world?
Mr Sixpence
Champion Author Michigan

Posts:3,185
Points:3,276,400
Joined:May 2004
Message Posted: Jul 27, 2013 10:17:26 AM

Global warming......a left wing hoax perpetuated by a liberal media.
krzysiek_ck
Champion Author Illinois

Posts:8,986
Points:1,500,210
Joined:Apr 2011
Message Posted: Jul 27, 2013 10:15:23 AM

Interesting
LJDJ
Champion Author Fort Worth

Posts:1,708
Points:335,900
Joined:Feb 2010
Message Posted: Jul 27, 2013 10:15:08 AM

go for it.
Tutootin
Champion Author Toronto

Posts:13,325
Points:3,846,775
Joined:Jun 2004
Message Posted: Jul 27, 2013 10:12:39 AM

checkitnow, Well put!
wmderrick
Champion Author Twin Cities

Posts:3,089
Points:1,133,495
Joined:Apr 2010
Message Posted: Jul 27, 2013 10:11:24 AM

These people are nuts!
OldMan322
Champion Author Illinois

Posts:11,021
Points:2,365,895
Joined:Jul 2008
Message Posted: Jul 27, 2013 10:11:12 AM

"Rajah" It may be 'McKibben'
Post a reply Back to Topics