It might sound like Rex Tillerson is making a significant concession in recognising the reality of anthropogenic global warming and his industry's part in it. but, in the build up to Copenhagen, in the middle of a financial meltdown, Exxon seem to be seizing the initiative by putting their weight behind carbon taxation and against international regulation. That way they can stall meaningful action untill the public rebel and elect another bunch of redneck half-wits. Or am I being cynical?
That's not to say that Throbgoblins International are opposed to the idea of carbon taxation. Those pesky externals certainly do need internalising. But a toolbox that contains only hammers is no bloody use to anyone.
For those unfamiliar with the reference . it is to the story of Sweeny Todd - the Demon Barber of Fleet Street - who killed his customers so that his mistress could turn them into pies.