Exxon Mobil Corp XOM

Alternate Symbol(s): N.XOM

Energy Oil & Gas Integrated

Exxon Mobil Corporation is an international energy and petrochemical company. Its primary businesses include exploration for, and production of, crude oil and natural gas; manufacturing, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels and lithium. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products include fuels, aromatics, and catalysts and licensing. Its Chemical Products consist of olefins, polyolefins, and intermediates. Its Specialty Products include finished lubricants, synthetics, and elastomers and resins. It also focuses on net-zero greenhouse gas emissions from its operated unconventional operations in the Permian Basin.

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Exxon Mobil Corp

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Post by bc4uon Feb 04, 2013 10:30am

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Post# 20933667

4.47 To 1 — Ratio Of U.S. Voters Who Would Prefer

4.47 To 1 — Ratio Of U.S. Voters Who Would Prefer Carbon Tax To Cut In Spending

February 3, 2013Zachary Shahan

Power plant pollution via Shutterstock

Politically, it seems there are simply too many whack-jobs (aka Tea Partiers) in Congress to get a carbon tax passed… or to get almost anything sensible passed. But that doesn’t mean Americans wouldn’t support the policy.
For example, a recent poll found that 93% of Democrats and even 66% of Republicans (like much of the world) support a carbon tax. Furthermore, 67% of voters would rather see the government tax carbon pollution than cut government spending in order to fix budget problems, versus a measly 15% who would prefer the reverse. Here are some more interesting findings from the recent poll (from Friends of the Earth, via climate crock buster Peter Sinclair):
“Voters’ strong support for carbon taxes do not differ greatly based on how the revenue would be used: whether to help solve our budget problems (70 percent in favor), or to help solve our budget problems as well as fund climate and clean energy jobs programs (72 percent in favor).”
“Survey respondents were very supportive of a carbon tax even when presented with strongly-worded arguments against it, including the contention that ‘with the economy in trouble and too many people struggling to find jobs, this is a wrong time to pass a new tax on every business and consumer in America.’“

And here are more fun stats regarding a potential carbon tax:
“Even a modest tax on carbon dioxide pollution, like that proposed by Representative Pete Stark (D-Calif.) in 2009, has the potential to generate substantial revenue: Stark’s tax, for example, could have yielded $80 billion in the first year alone, and $600 billion over 10 years. That is about half the amount that the automatic spending cuts ($1.2 trillion) would save over nine years, less if part of the revenue were refunded to consumers.”
Who would’ve thought? Republicans and Democrats alike don’t like the fact that we’re cooking our planet, and have the common sense to see that discouraging that while earning money for the American public is a good idea. First step accomplished. Next step: remove Tea Partiers and their kin from Congress!

https://s.tt/1zk8H