Not a small coup: Exxon CEO Advocates Emissions Tax

[Skybird]

http://online.wsj.com/article/SB123146091530566335.html?mod=googlenews_wsj (http://online.wsj.com/article/SB123146091530566335.html?mod=googlenews_wsj)

Hoppla!

However, things are not always what they seem. The motivation behing this U-turn may be a different one than immediately imagined:

http://www.independent.co.uk/news/world/americas/oil-giant-comes-in-from-the-cold-1297558.html


So the move now may just be an attempt to avoid even worse chnages to the company's profit interests. In the past, Exxon has been known to be a major spender for professionally run groups and public relations organisations that try to campaign for bringing the global warming argument into miscredit in order to prevent changes to the established economic dogmas:

http://abcnews.go.com/Business/Story?id=3187694&page=1 (beware, this link is from May 2007)

[SteamWake]

Your pretty close to being spot on.

The motivation is that the emmissions tax or 'carbon footprint' tariff if you will would be less damaging than coporate taxation being considered by the incoming administration.