3bl logo
Subscribe
logo

Wake up daily to our latest coverage of business done better, directly in your inbox.

logo

Get your weekly dose of analysis on rising corporate activism.

Select Newsletter

By signing up you agree to our privacy policy. You can opt out anytime.

3 Things You Need to Know About the Exxon Investigation

Words by 3p Contributor
Energy & Environment
hero

By TJ Faircloth

We are at the same tipping point now with Big Oil and its dirty partners that made Big Tobacco a pariah decades ago. Just as federal investigations unearthed the outrageous extent to which the tobacco industry lied, deceived and cheated its way around commonsense public health protections, so, too, will the New York attorney general's investigation into ExxonMobil allow us to see the dirty truth behind big polluters and their PR.

1. Tip of the iceberg

If it’s anything like what happened with Big Tobacco, this investigation might well spur other attorneys general to investigate the actions of not just ExxonMobil, but also a suite of fossil fuel corporations that may also have obscured information about the role fossil fuel extraction and combustion have played in driving climate change. Not to mention the ways these corporations have used that information to slow, water down and block climate policies.

2. Parallels to Big Tobacco

We're at the same tipping point that we faced with Big Tobacco in the 1990s. At that time, investigations by attorneys general resulted in a massive legal settlement, known as the Master Settlement Agreement, and forced the release of millions of internal documents. And in 2006, a federal judge ruled that tobacco corporations had knowingly deceived the public. These and other legal actions shaped the current public climate, in which Big Tobacco is barred from participating in public health policymaking. We can now see a future in which fossil fuel corporations will be regarded in the same light.

3. What this means for COP21 and beyond

This investigation dovetails with the growth of a global movement to address the conflict of interest inherent in allowing polluters like ExxonMobil to have a seat at the negotiating table. To date, ExxonMobil and other fossil fuel corporations have heavily influenced climate policymaking -- at the U.N. and in national governments -- via their lobbyists and front groups like the American Petroleum Institute. This development peels back any veneer of impartiality and reveals their true intentions. After decades of taking lessons in deception from Big Tobacco’s playbook, it’s Big Oil’s turn to reckon with its abuses. This is Big Oil’s Big Tobacco moment. Image credit: Flickr/Mike Mozart TJ Faircloth is deputy director of campaigns and research for Corporate Accountability International. He has a background and focus on international policy and strategic corporate research.
3p Contributor

TriplePundit has published articles from over 1000 contributors. If you'd like to be a guest author, please get in touch!

Read more stories by 3p Contributor

More stories from Energy & Environment