Study Details Why Climate 'Criminals' Like Exxon Should Pay for Hurricane Destruction

[guillaumeb]

From the article:

As Texas and Louisiana cope with the destruction wrought by Hurricane Harvey and as Hurricane Irma continues to ravage Caribbean islands on its way to the United States, many are asking a pertinent question: Who should pay for the damage?
"We should be naming these hurricanes after Exxon and Chevron, not Harvey and Irma."

According to a "landmark" study published in the journal Climatic Change on Thursday, the answer is clear: Big Oil.

To read more:

https://www.commondreams.org/news/2017/09/07/study-details-why-climate-criminals-exxon-should-pay-hurricane-destruction

One major way that capitalists increase their profits at the expense of workers is by externalizing costs that should be absorbed by the capitalists and requiring that workers bear those costs.

WalMart, and the Walton family, is a prime example of this tactic. They pay their associates so little that many qualify for public assistance.

[guillaumeb]

1. More:

It may take tens to hundreds of billions of dollars to support disaster relief and recovery among Gulf Coast communities affected by Hurricane Harvey. ExxonMobil, Chevron and BP have collectively pledged only $2.75 million," Frumhoff and Allen note.

[Chasstev365]

2. It's just like the tobacco industry

They knew it was harmful, but denied and lied about it.

[guillaumeb]

3. And taxpayers paid, and still pay, the health costs

while the tobacco companies still make billions.