SE Texas Record

Tuesday, January 21, 2020

What’s really dangerous is the political climate generated by demagogues

Our View

Nov 6, 2019

General court 08

Texas Attorney General Ken Paxton exposed the scam two years ago: “The City of New York, along with liberal mayors and trial lawyers across the country, want to extract billions of dollars from a handful of oil and natural gas companies based on the entirely unproven claim that those companies are responsible for climate change and global warming.”

Paxton argued at the outset of this farcical process that ExxonMobil’s adversaries “falsely presume that the scientific debate regarding climate change is settled, along with the related and equally important debate on how to respond to what science has found.”

Needless to say, the truth of Paxton’s observations did not sway the opportunists abusing their political offices to shake down the oil giant. Last month, a New York State suit against Exxon began trial and another was filed by Massachusetts.

Bay State Attorney General Maura Healey is accusing Exxon of “deceiving the world about climate change,” defrauding investors by minimizing the climate impact of oil production, and violating state consumer protection laws.

“The gravity of ExxonMobil’s historic and continuing unlawful actions cannot be overstated,” Healey claims – in what may be one of the most outrageous and hysterical overstatements of all time. Likewise, her assertion that “the world lost forty critical years to develop and deploy new technologies that would allow an orderly transition away from fossil fuels” is utterly unfounded, supported neither by facts nor logic. 

Healey charges that “ExxonMobil’s deception deprived investors and consumers of the central facts so essential to their investment and purchasing choices: the knowledge that continued investment in ExxonMobil’s fossil fuel business and production and use of ExxonMobil’s fossil fuel products would bring about cataclysmic outcomes for humankind, many of the world’s species, and the global economy.”

The phony environmentalists are spewing nonsense. The Industrial Revolution and the development of reliable, abundant, inexpensive energy resources have raised the living standards of billions of people. Healey, et al. are not our superiors and have no right to deny us the benefits of prosperity.

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