Showing posts with label criminality. Show all posts
Showing posts with label criminality. Show all posts

Tuesday, March 7, 2017

Climate Deniers, You're Climate Deniers--Deal With It

Climate Deniers, You're Climate Deniers--Deal With It  (@pdykstra)

From Scientific American, more on Exxon and climate science denialism.  For information on how Washington University's Murray Weidenbaum Center (aka Center for the Study of American Business) participated in Exxon's (probably criminal) obfuscation of climate science, see here.

For information on how Washington University participates in Peabody, Arch, and Ameren's obfuscation of public knowledge with the phrase "clean coal" – I call this criminal, in Britain they determined it was false advertising at least – see here.


" Tillerson has acknowledged climate change for many years, but his company funded denial-based think tanks and scientists, all while Exxon’s own internal science affirming climate impacts was deep-sixed."

Read the full story from Scientific American here. 

Sunday, January 24, 2016

The Students Were and Are Right: Washington University Needs to Disassociate Itself from Peabody Energy: S.E.C. Is Criticized for Lax Enforcement of Climate Risk Disclosure

Two years ago, when students demanded that Washington University end its relationship with Peabody Energy, many scoffed at them. Others ridiculed them.  Yet, more and more stories emerging show that the students were right.  And board, administration, and acquiescent faculty are mere pawns in a bigger, seemingly crooked game, to deceive the public and continue polluting as long as possible.

S.E.C. Is Criticized for Lax Enforcement of Climate Risk Disclosure: New York Times on the Case of Peabody Energy

"As recently as 2011, shares in Peabody Energy, the world’s biggest private sector coal company, traded at the equivalent of $1,000. Today, they hover around $4 each. Over that time, investors who held the stock lost millions.

Peabody, like other coal companies, has been hammered as cheap natural gas erodes the demand for coal. But concerns about climate change are also an issue for the company as customers and investors turn away from fossil fuels.

Peabody saw this coming. Even as the company privately projected that coal demand would slump and prices would fall, it withheld this information from investors. Instead, Peabody said in filings with the Securities and Exchange Commission that it was not possible to know how changing attitudes toward climate change would affect its business.

Peabody’s double talk was revealed as part of a two-year investigation by the New York attorney general. In a settlement in November, Peabody agreed that it would disclose more about climate change risks in its regular filings with the S.E.C."