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Revealed: Mobil sought to fight environmental regulation, documents show

Oil giant Mobil sought to make tax-exempt donations to leading universities, civic groups and arts programmes to promote the company’s interests and undermine environmental regulation, according to internal documents from the early 1990s obtained by the Guardian.  The documents shine a light on the ways corporations have used their money to buy influence, amass prestige and shape public policy through grants to academic programmes and advocacy groups.  The documents come to light as ExxonMobil, formed when Mobil merged with Exxon in 1999, is now facing investigations by multiple state attorneys general over claims it failed to communicate known climate crisis-related risks to investors and the public.  Read more....

 

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