Record Profits, Record Problems for Environment and Consumers

WASHINGTON – January 26 – While Americans suffered through hurricanes Katrina and Rita and sky-high spikes in oil prices this year, ExxonMobil netted the largest profit in the history of corporate America. On Monday, the world’s largest oil company is expected to announce a record-breaking annual profit of roughly $32 billion for 2005.

As the company prepares its announcement, the environmental problems caused by the company are lampooned in a new animated cartoon to be released on Monday by the ExxposeExxon.com Coalition. The funny one-minute FLASH cartoon, “Toast the Earth” mocks the company for spending its record profits on backwards energy policies while sabotaging efforts to slow global warming and shortchanging communities affected by the Exxon Valdez oil spill.

ExxonMobil is the only major oil company that is still a member of Arctic Power, the special interest group that lobbies Congress in support of drilling in the Arctic Refuge, and funds organizations working to confuse the public about the broad scientific consensus on the causes of and solutions to global warming.
commondreams.org

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