Control over one-third of ExxonMobil’s board of directors was captured by climate activists at the recent annual shareholder meeting. Wall Street Journal columnist Holman Jenkins dismissed the astonishing accomplishment as a “peudo-event” -- one “arranged or brought about merely for the sake of the publicity it generates.” That is just wrong.
The oil giant has now contracted a chronic management-level cancer that may very well spread and be fatal in just a few years - not only to ExxonMobil’s oil business but to our (relatively) free market economy, standard of living and political system.
Read Full Article »