Comments on: Rockefellers say it’s time for ExxonMobil to get green http://www.greenbang.com/rockefellers-say-its-time-for-exxonmobil-to-get-green_3053.html Sustainable Energy Insight Fri, 27 Jan 2012 01:18:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Roy Chardon http://www.greenbang.com/rockefellers-say-its-time-for-exxonmobil-to-get-green_3053.html/comment-page-1#comment-5973 Roy Chardon Sun, 04 Jan 2009 23:44:34 +0000 http://www.greenbang.com/3053/rockefellers-say-its-time-for-exxonmobil-to-get-green/#comment-5973 One can see why so many in the world question the values of capitalism when they see the results of myopic “leaders” like those at EXXON. The irony is that the decision to persist on the perceived maximum-near-term-profit path almost certainly is not “good for long-term business.” Why do business leaders want to sell the company’s future to short-term speculators who will dump the stock once the trouble begins?The short-term profit incentives given to management seem to me in large part to be responsible for the current depressed economy. The failure to penalize the culprits when business decisions severely damage our economy (e.g. inflationary stock marketing practices, Enron, the savings and loan industry, the automotive industry, predatory loans/home mortgages, and many others) provide no de-incentives to those who lack ethical vision. The apparently widespread aversion to criticizing anything relating to businesses remains puzzling to me. My late comment on this article is a direct result of the difficulty in locating any discussion of the laudable, but ineffective efforts to bring EXXON into the real world. It doesn’t take an expert to see where they will be in a few years. I’m sorry to say, perhaps the sooner, the better. Perhaps we might entertain a suitable (thought provoking?) slogan: I suggest “businesses ain’t got no leadership, green or otherwise.” Thanks for the article; I was beginning to think no one noticed what happened.
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