Bush: "Read My Lips! No New Caps!"

Tue, 2007-10-16 06:23Ross Gelbspan
Ross Gelbspan's picture

Bush: "Read My Lips! No New Caps!"

President George W. Bush said on Monday his administration's approach of emphasizing voluntary approaches to address climate change was working and he denounced Kyoto-style mandatory caps as “bad policy.”

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ExxonMobil, the nation's largest oil and gas company, will begin disclosing risks associated with shale drilling and fracking to investors, in response to a long-running campaign by a coalition of shareholders.

In February, the groups of investors in a handful of major oil and gas companies including Exxon, Chevron and EOG Resources, demanded for the fifth year in a row more information from companies about the risks associated with fracking. The motion...

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