The “Fossilization” of Exxon-Mobil

Exxon%20Dinosaur.jpgIn the great scheme of things, the dinosaurs did not fair so well in the end. By most accounts, it was their inability to adapt to a rapid change in the earth’s climate. Looking out at the road ahead, it seems that there is a possibility that Homo-sapiens may share a similar demise (along with a great deal of other species). Unlike the dinosaurs, however, we sapiens will be in the particularly peculiar position of understanding that climate change is happening and that it is detrimental to life, comprehending that our actions are the cause and making a conscious choice not to change.
Now…Take a breath, engage that “advanced brain” that we uber-primates all share and think about that for a moment. It is not an easy thing to grasp….even for a species endowed with so much gray matter.
Now consider the outcome of the Exxon-Mobil annual shareholders meeting in Dallas. Defying fierce opposition amongst the ranks of its shareholders to take action on climate change, the company decided to stay the course, saying that action was “important but premature”.
Ironically, in reading the AP article, I actually took comfort in one particular phrase:
“Exxon Mobil is a petroleum and petrochemical company”
While other giants like BP and Shell see themselves as energy companies, Exxon-Mobil sees itself as a petrochemical company. The world demands energy, not petrochemicals.

As we reach the natural limits of our biosphere and it becomes more and more evident that the burning of fossil fuels is detrimental to living things on this planet, including those of the homo- sapien variety, companies that deliver energy without endangerment will ultimately thrive.
While Exxon-Mobil chalks up record profits in the short run by mining our children’s future for profit, companies that adapt to a clean energy future are likely to avoid the “premature fossilization” facing petrochemical companies.
****Joe Madden, DriveNeutral– Director of Business Development