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America’s most profitable corporations tend to be oil companies. Even after a steep decline in profits from the year before, Exxon Mobil earned profits totaling nearly $20 billion in 2009. Not coincidentally, the Chamber has increasingly urged skepticism on action on climate change. The Chamber’s leaders have gone so far as to equate climate legislation with “suicide bombing the American economy for the promise of green jobs in heaven.”
A handful of major companies, including Pacific Gas & Electric Corp. and Apple Inc., have left the Chamber to protest its climate change positions. The Yes Men’s stunt drew attention to the outrageous propositions the Chamber of Commerce was putting forward while bankrolling a campaign so out of step with climate science.
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With a 5–4 vote, the Court ruled last month in Citizens United vs. Federal Elections Commission that corporations like Exxon Mobil, Chevron, and others can now spend as much money as they wish promoting political candidates.
This virtually ensures that politicians will be increasingly beholden to oil interests. We’ll soon have in place a situation where “Citizen” Exxon will be lobbying “Politician” Chevron, with no evidence of their corporate sponsorship. ...
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