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1 posted on 05/29/2002 8:07:30 AM PDT by xsysmgr
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To: xsysmgr
The report also points out that as one of the world's largest suppliers of natural gas ExxonMobil could benefit greatly from Kyoto-style policies that would "most likely affect the coal industry," reducing its equity values by 30 percent.

Nothing like using the government through regulation to enhance your own business!

2 posted on 05/29/2002 9:03:21 AM PDT by DrDavid
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To: xsysmgr
Even odder is the endorsement of this the type of cutthroat, winner-take-all competition by leftist environmentalists.

Not odd at all. It is just another example that the wackos "interest" in the environment is phoney. Government control and regulation is their interest as long as it handicaps U.S. industry, and of course the money they got from Enron. Each was playing the same game and for the same purposes, money and control.

3 posted on 05/29/2002 10:20:10 AM PDT by Mind-numbed Robot
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To: xsysmgr
Remember the leaked BP memo which suggested that the company tout environmental regulations which would increase the price of oil? Well, it's been a practice of some of the energy companies for years. It was also a factor in the increase in the price of electricity in the Northwest. Of course the electric companies would like to see the power potential of the dams reduced, it only means that they get more money for less electricity. It was a win-win situation for the power companies.

It's the same thing with drilling in the ANWR. BP didn't support it.

7 posted on 05/29/2002 10:50:57 AM PDT by Eva
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