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Abstract
oking out for shareholders.”</p><h1 id="2e58">Exxon Makes the Case for Shareholders Over the Environment</h1><p id="fd7f">The first lobbyist in the hot seat is Keith McCoy, senior director of Exxon’s Washington government affairs team. In May, he said on <a href="https://vimeo.com/568864071">video</a> that a carbon tax is a talking point or PR ploy.</p><blockquote id="9181"><p>“Nobody is going to propose a tax on all Americans, and the cynical side of me says, yeah, we kind of know that — but it gives us a talking point that we can say, well, what is ExxonMobil for? Well, we’re for a carbon tax.”</p></blockquote>
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</figure></iframe></div></div></figure><p id="ed64">Next, <a href="https://vimeo.com/568865247">McCoy</a> discussed how Exxon fought science.</p><blockquote id="007b"><p>“Did we aggressively fight against some of the science? Yes. Did we join some of these shadow groups to work against some of the early efforts? Yes that’s true. But there’s nothing illegal about that. We were looking out for our investments, we were looking out for shareholders.”</p></blockquote>
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</figure></iframe></div></div></figure><p id="fa5f">He did however deny that Exxon covered up evidence from their own scientists. This of course is already <a href="https://www.theguardian.com/environment/2021/jun/30/climate-crimes-oil-and-gas-environment">documented elsewhere</a>. Later in the interview, he mentioned Exxon is concerned about Biden’s infrastructure and
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environmental plans. Trump-era tax cuts likely brought billions for Exxon.</p><p id="77db">While they lobbied the new government to keep the tax cuts in place, they also lobbied for government funding.</p><blockquote id="32f7"><p>“So it’s a delicate balance. We’re asking for help with taxes over here and we’re saying don’t increase our taxes over here.”</p></blockquote><p id="747a">McCoy targeted Democratic Senators Joe Manchin and Chris Coons in particular to influence the infrastructure bill.</p>
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</figure></iframe></div></div></figure><p id="8287">According to a former White House lobbyist during the Trump administration, Dan Easley, Exxon is worried about upcoming environmental measures which would accelerate a transition to renewable energy.</p>
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</figure></iframe></div></div></figure><h1 id="dc05">Takeaways</h1><p id="2506">The damage being done to our environment by gas and oil companies is undeniable. The companies themselves have been running PR campaigns for decades to influence public opinion. Reporters from Unearthed got some of the lobbyists on video admitting their tactics. Due to election finance laws in the United States, companies like Exxon still hold a large influence in politics.</p><p id="82d0">They admit to fighting the science. They admit to prioritizing profit over accountability. And they worked with shadow groups to influence infrastructure bills and policy. It’s time we hold them accountable.</p></article></body>