Evidence is mounting of a coordinated global oil industry effort to seize upon the international economic crisis as an opportunity to “rebel” against ecological controls and bludgeon concessions out of governments.
The assault on environmental and other regulation is being conducted under the cover of complaints about taxation.
The opening salvo was fired in late October by Chevron CEO Roy Krzywosinski, who told a major industry conference in Perth that he was so angry about the threat of carbon emissions regulations that his company might cut back its Australian operations.
A more important assault was announced on November 7, when BP’s new CEO, Tony Hayward, announced that BP was shelving plans to develop clean energy technology in Britain and shifting investment to the United States.
Green Left
News
Discussions
Resources
Members
Evidence is mounting of a coordinated global oil industry effort to seize upon the international economic crisis as an opportunity to “rebel” against ecological controls and bludgeon concessions out of governments.
