Exxon CEO Joins Lawsuit to Protect His Texas Property from Fracking
From Ring of Fire:
ExxonMobil CEO Rex Tillerson has decided to join a lawsuit to prevent fracking from “devaluing” his property in Texas. Tillerson, whose company and industry avidly promote the controversial process of hydraulic fracturing and attempt to block regulatory oversight, wants to prevent the process from coming to his neighborhood.
Tillerson once famously said, “What good is it to save the planet if humanity suffers?” Now it seems that, because he could be personally inconvenienced and his property could be devalued, the CEO has decided that saving the environment, at least on his multi-million dollar Texas property, may not be such a bad thing after all.
The lawsuit, which Tillerson joined, cites the inconveniences and negative consequences of fracking while seeking to block the construction of a 160-foot water tower associated with the process. The well would provide water to a nearby fracking operation, the Wall Street Journal reports.
You can read the full article here at Ring of Fire.
= new reply since forum marked as read
