Tag Archives: ceo

This House committee has clearly picked a side in the national monument debate.

A new report by Kaiser Family Foundation and the Episcopal Health Foundation found economic and health disparities among those affected by Harvey.

Sixty-six percent of black residents surveyed said they are not getting the help they need to recover, compared to half of all hurricane survivors. While 34 percent of white residents said their FEMA applications had been approved, just 13 percent of black residents said the same.

And even though they are receiving less assistance, black and Hispanic respondents and those with lower incomes were more likely to have experienced property damage or loss of income as a result of the storm.

Additionally, 1 in 6 people reported that someone in their household has a health condition that is new or made worse because of Harvey. Lower-income adults and people of color who survived the storm were more likely to lack health insurance and to say they don’t know where to go for medical care.

“This survey gives an important voice to hard-hit communities that may have been forgotten, especially those with the greatest needs and fewest resources following the storm,” Elena Marks, president and CEO of the Episcopal Health Foundation, said in a statement.

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This House committee has clearly picked a side in the national monument debate.

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People of color and low-income residents still haven’t gotten the help they need after Hurricane Harvey.

A new report by Kaiser Family Foundation and the Episcopal Health Foundation found economic and health disparities among those affected by Harvey.

Sixty-six percent of black residents surveyed said they are not getting the help they need to recover, compared to half of all hurricane survivors. While 34 percent of white residents said their FEMA applications had been approved, just 13 percent of black residents said the same.

And even though they are receiving less assistance, black and Hispanic respondents and those with lower incomes were more likely to have experienced property damage or loss of income as a result of the storm.

Additionally, 1 in 6 people reported that someone in their household has a health condition that is new or made worse because of Harvey. Lower-income adults and people of color who survived the storm were more likely to lack health insurance and to say they don’t know where to go for medical care.

“This survey gives an important voice to hard-hit communities that may have been forgotten, especially those with the greatest needs and fewest resources following the storm,” Elena Marks, president and CEO of the Episcopal Health Foundation, said in a statement.

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People of color and low-income residents still haven’t gotten the help they need after Hurricane Harvey.

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Elon Musk Threatens to Ditch Trump’s Advisory Council Over Paris Climate Treaty Withdrawal

Mother Jones

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Amid news reports that President Donald Trump is preparing to pull the US out of the Paris climate treaty on Wednesday, Tesla CEO and member of Trump’s economic advisory council, Elon Musk, threatened to step down as an adviser if the president went through with the withdrawal.

Musk took to Twitter to insist he had done all he could to convince Trump to remain in the accord. When asked what he would do if his efforts went unheeded, the Tesla CEO said he would have no choice but to leave:

Musk is among a growing list of executives, Republicans, and oil industry leaders urging Trump to remain in the treaty that 195 countries have signed.

In December, Musk attracted widespread criticism for his decision to serve on Trump’s advisory team, which includes other heads of powerful companies such as Disney and Walmart. While he previously expressed reservations regarding Trump’s fitness for the Oval Office, Musk would later rationalize his decision to advise Trump as his effort to provide a “voice of reason” in the increasingly erratic administration.

On Wednesday, White House press secretary Sean Spicer refused to confirm mounting reports of Trump’s plan to pull out of the agreement. When asked specifically about Musks’ threat, Spicer told reporters, “Let’s wait and see what the president’s decision is.”

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Elon Musk Threatens to Ditch Trump’s Advisory Council Over Paris Climate Treaty Withdrawal

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Trump’s pick to head the federal budget questions whether the government should fund science.

No, it isn’t ExxonMobil CEO Rex Tillerson.

Iowa Gov. Terry Branstad, named to serve as ambassador to China, is in favor of wind energy and policies that promote it. Like, really in favor.

“Our leadership in green energy not only makes us a leader in renewables but also powers job growth,” the Republican said in his 2016 Condition of the State address in Iowa. “Every wind turbine you see while driving across our state means income for farmers, revenue for local governments, and jobs for Iowa families.” As governor of the No. 2 wind state, he’s also in favor of federal incentives for wind energy like the production tax credit.

Branstad may experience some whiplash as he represents an administration that is particularly antagonistic to wind energy to a country that has invested billions of dollars in wind and solar.

On climate change, Branstad is not a denier but he buys into his party’s reasoning for not acting. “We need to recognize this climate change issue is a global issue,” he said in 2011. That’s the excuse many Republicans use to argue that the U.S. shouldn’t clean up its act until developing economies like China and India do.

But if he doesn’t know it already, Branstad will soon learn that China is doing plenty to fight climate change right now.

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Trump’s pick to head the federal budget questions whether the government should fund science.

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The EPA found that fracking can impact drinking water quality.

The company recently admitted that it has invested heavily in Canada’s tar-sands oil reserves, InsideClimate News reports — and it was not a good bet.

Tar-sands oil is difficult, expensive, and energy-consuming to extract, making it especially bad for the climate. It’s only profitable when oil prices are high. Exxon acknowledged in a public financial disclosure report this fall that it could be forced to take a loss on billions of barrels of tar-sands oil unless prices rise soon.

The company made this unwise investment despite long knowing, as InsideClimate News previously reported, that burning oil causes climate change and future climate regulations could make tar-sands oil unprofitable or impossible to drill.

In 1991, Exxon’s Canadian affiliate Imperial Oil commissioned an analysis that found carbon regulation could halt tar-sands production. “Yet Exxon, Imperial, and others poured billions of dollars into the tar sands while lobbying against government actions that would curtail development,” according to InsideClimate News.

This news comes just after Donald Trump nominated ExxonMobil CEO Rex Tillerson to be secretary of state. The State Department is responsible for reviewing proposed pipeline projects that cross international borders, like Keystone XL, which would have carried tar-sands oil from Canada down toward U.S. refineries.

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The EPA found that fracking can impact drinking water quality.

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ExxonMobil has doubled down on dirty tar-sands oil.

The company recently admitted that it has invested heavily in Canada’s tar-sands oil reserves, InsideClimate News reports — and it was not a good bet.

Tar-sands oil is difficult, expensive, and energy-consuming to extract, making it especially bad for the climate. It’s only profitable when oil prices are high. Exxon acknowledged in a public financial disclosure report this fall that it could be forced to take a loss on billions of barrels of tar-sands oil unless prices rise soon.

The company made this unwise investment despite long knowing, as InsideClimate News previously reported, that burning oil causes climate change and future climate regulations could make tar-sands oil unprofitable or impossible to drill.

In 1991, Exxon’s Canadian affiliate Imperial Oil commissioned an analysis that found carbon regulation could halt tar-sands production. “Yet Exxon, Imperial, and others poured billions of dollars into the tar sands while lobbying against government actions that would curtail development,” according to InsideClimate News.

This news comes just after Donald Trump nominated ExxonMobil CEO Rex Tillerson to be secretary of state. The State Department is responsible for reviewing proposed pipeline projects that cross international borders, like Keystone XL, which would have carried tar-sands oil from Canada down toward U.S. refineries.

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ExxonMobil has doubled down on dirty tar-sands oil.

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BREAKING: Ivanka Out, Eric & Don Jr. to Take Reins of Trump Biz

Mother Jones

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It looks like Ivanka has been fired:

In a pair of tweets sent after 11 p.m., Trump wrote: “Even though I am not mandated by law to do so, I will be leaving my businesses before January 20th so that I can focus full time on the Presidency. Two of my children, Don and Eric, plus executives, will manage them. No new deals will be done during my term(s) in office.”

….Trump’s tweets omitted reference to daughter Ivanka, who, like her brothers, currently works at the Trump Organization. However, Ivanka is expected to step away from the business to serve in an advisory capacity to her father; her husband Jared is a key and trusted aide.

Then again, maybe she’s been promoted. Which is better: being a co-CEO of a crippled Trump Organization, or being acting First Lady because apparently your stepmother doesn’t want the job? That’s a ticklish question. Where’s the chief of protocol when you need him?

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BREAKING: Ivanka Out, Eric & Don Jr. to Take Reins of Trump Biz

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Swamp Watch – 10 December 2016

Mother Jones

Apparently it’s now settled that ExxonMobil CEO Rex Tillerson will be Donald Trump’s Secretary of State. It’s hard to know what to make of this. My main takeaway is that Trump had a really hard time finding someone who checked all his boxes. I don’t want to go too far overboard on Tillerson’s friendly relationship with Vladimir Putin—it’s hardly damning that his company submitted bids for drilling rights in the Arctic—but it’s very hard to figure out what Trump didn’t like about the dozens of far more plausible candidates available to him. The best I can come up with is that pretty much everyone on the Republican side of the aisle is a Russia hawk, and that’s the one thing that disqualified them all.

Then again, Tillerson is a wealthy fossil-fuel CEO, and Trump likes rich people, fossil fuels, and CEOs. Maybe that’s all it is.

NOTE: I wouldn’t normally mark Tillerson as a member of the swamp, but I’m making an exception due to his apparent chumminess with the swamp. Details here.

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Swamp Watch – 10 December 2016

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Let’s Cool It On the “Fake News” Irony

Mother Jones

Over at National Review, James Sherk has a complaint:

President-elect Trump has picked Andy Puzder, the CEO of CKE Restaurants (i.e. Carl’s Jr. and Hardee’s) for labor secretary. Amusingly, the media coverage of his nomination has been dominated by . . . fake news. Several outlets have reported that Puzder opposes increasing the minimum wage. That’s not exactly true.

Forget the Puzder stuff. His view on the minimum wage is a little hard to pin down. My objection is to the overuse of “fake news.” There are two things that can qualify:

Stuff that’s literally made up and passed off as real. The most famous example is here.

Wild conspiracy theories passed around on Facebook pages and crank websites.

“Fake news” is a useful concept, but not if we start using it to refer to anything we think is wrong or biased or not fully reported. We already have good words for this kind of stuff, ranging from “not the whole story” to “outright lie.” We don’t need to ruin a perfectly good phrase by using it where it really doesn’t fit.

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Let’s Cool It On the “Fake News” Irony

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Swamp Watch – 8 December 2016

Mother Jones

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Well, Donald Trump is just playing with us now. The great protector of the working class plans to nominate for Secretary of Labor—that’s Secretary of Labor—Andrew Puzder, the wealthy CEO of a fast-food empire who doggedly opposes a wide variety of worker protections imposed by big government. He also seems to take a fairly dim view of human labor in general, regardless of how much it costs:

Puzder doesn’t think that it’s likely that any machine could take over the more nuanced kitchen work of Carl’s Jr. and Hardee’s. But for more rote tasks like grilling a burger or taking an order, technology may be even more precise than human employees. “They’re always polite, they always upsell, they never take a vacation, they never show up late, there’s never a slip-and-fall, or an age, sex, or race discrimination case,” says Puzder of swapping employees for machines.

Puzder might not be quite as bad as that quote suggests, but he’s hardly a fulsome friend of the working man and woman. On the bright side, Carl’s Jr. makes a good burger. If they could just improve their fries, they’d be great.

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Swamp Watch – 8 December 2016

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