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(1) Lee F. Raymond
CEO of Exxon from 1993 - 1999 and then ExxonMobil until 2005 as well as vice-chairman of the neoconservative think-tank AEI,
Raymond is is a worthy paragon of a short-term profit mind-set. As late as June 14, 2005 he was quoted as saying,
"it's yet to be shown how much of this [global warming] is really related to the activities of man."
The Oil Daily (Dec. 13, 2000) describes him as a "vehement campaigner on behalf of the fossil fuel lobby".
After the Exxon Valdez spilled 11 million gallons of oil onto Prince William Sound in 1989, he advocated a rejection of the
Court's decision to award compensation, dragging out the case for over 15 years and saving Exxon a nice sum of money. Moreover,
thanks partly to his penny-pinching efforts, today the majority of ExxonMobil tankers still remain single-hulled.
A relentless advocate of profit enhancement, Raymond has squelched many alternative energy measures which in his judgment seemed fiscally
unviable. Under his leadership, ExxonMobil profits remained high. At a time when gas prices were soaring, Raymond
received the largest retirement package in the history of any U.S. company: an estimated $400 million. Soon after retirement
George Bush, Jr. (a former oilman himself) appointed Raymond to chair the Committee for America's Alternative Energy Future. Do
you think we can count on that committee to help this planet overcome its petroleum dependence?
Sources:
Exxpose Exxon Coalition. (2008). What's at stake? Don't let Exxon decide our energy future!
Retrieved March 11, 2008 from http://ga3.org/campaign/lee_raymond/explanation
Krugman, Paul. (2006, April 17). Enemy of the planet. New York Times (Opinion Column).
Retrieved March 11, 2008 from http://select.nytimes.com/2006/04/17/opinion/17krugman.html?_r=1&oref=slogin
Lee Raymond. (2008) In Wikipedia, The Free Encyclopedia.
Retrieved March 11, 2008 from http://en.wikipedia.org/wiki/Lee_R._Raymond
ReferenceForBusiness.com. (2007). Lee R. Raymond 1938— forum.
Retrieved March 11, 2008 from http://www.referenceforbusiness.com/biography/M-R/Raymond-Lee-R-1938.html
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