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Exxon vs Obama

090402_exxonmobil.jpgThe biggest oil company in the world is also the most resistant to the shift to green energy. The White House seems determined to make Exxon Mobil’s life miserable. One afternoon earlier this year, Rex ­Tillerson, the chairman and CEO of Exxon Mobil Corp., and Barack Obama, then president-elect, laid out very different visions of America’s energy future. With the days counting down to his inauguration, Obama told a crowd at George Mason University of his plan to double U.S. production of renewable energy by 2012–“to finally spark the creation of a clean-energy economy,” he said, to screams from the students in the audience. That pledge was a small part of a broad alternative-energy push that has swept into the White House along with Obama. Image source: corbis / portfolio.com. > Continue.

News selected by Covalence | Country: USA | Company: ExxonMobil | Source: Portfolio.com

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