Exxon In Pitched Battle With the World

Washington (Gallant Gold Media Hill Report | Analysis | June 7, 2019) –  A growing number of world leaders, and state attorney generals, are taking off their gloves and flexing their muscles in an effort to drive home the point with Exxon that they aren’t backing down. In fact, they plan to ramp up their resolve, and persevere through to the next level and pry the appropriate climate action commitment from Exxon. Not only that, the world’s prepared to continue bringing charges against Exxon for climate fraud.

ExxonMobile Corp is the world’s largest publicly traded oil company. Back in 2015, during the build up to the 2016 presidential election,  documents leaked revealing that Exxon had intentionally kicked off a misinformation campaign for the purpose of undermining climate science in the hopes it would steer decision makers to continue with the massive use of oil for automobiles and energy. Since the 1970’s, Exxon has known that oil production causes global warming and has continued to mislead consumers, failing to warn of the hazards.

Now, 40 years later, we see Exxon’s misinformation campaign worked. Carbon levels have risen significantly – 335 PPM to 415 PPM. Thousands of innocent people have died as a result.

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The state Attorney General’ who have and/or will be filing climate fraud charges against Exxon:

  • Massachusetts
  • New York
  • Rhode Island
  • Washington DC – tentative

Foreign Nations are leveling penalties against Exxon through the European Parliament.

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Will Climate Action 100+ Unseat Mitch McConnell in 2020?

Washington (Gallant Gold Media Hill Report |Analysis | June 4, 2019) –  Who is Climate Action 100+? A very powerful, strategic force to be reckoned with, that’s for sure. One that has the potential to derail Mitch McConnell from American politics for the remainder of his days on earth… after all, McConnell is the single most culpable American connected to the US’s massive contribution to global warming during the past 35 years.

In 1984, when McConnell began his career as a US Senator, carbon part per million was approximately 345 PPM. Scientists were alarmed. Carbon was on the rise and had to be quickly contained. Previously, it had hovered below 310 PPM for thousands of years. But McConnell, from the coal producing state of Kentucky, was determined to block all legislation that would impact coal production levels.

From 1985 to the present, there have been dozens of international conventions with representatives from the majority of countries in the world gathering to brainstorm collectively and address the rise in carbon levels and ways to curb it. At the conclusion of each meeting, agreements were reached. In America, groups of concerned legislators have tried to pass bills that align with these numerous  international agreements. But, McConnell has done everything in his power to block each bill. In fact, it was Mitch McConnell who convinced Trump to pull out of the Paris Agreement.

Under Mitch McConnell and the GOP’s indifference, carbon has seen a staggering jump from 345 PPM in 1985 to the newly released 415 PPM in 2019. Hundreds of thousands of innocent victims across the globe have perished as a result.

Climate Action 100+ is a group of more than 320 global investors who have formed a coalition to collectively govern an excess of $33 trillion in assets for the purpose of:

  • improving management
  • cutting carbon
  • strengthening corporate financial disclosure about climate

The group is lead by a Steering Committee that has ten members. The additional member roles and functions are broken into five Engagement Working Groups, one group for each of the five main participating continents.

  • Asia
  • Australasia
  • Europe
  • Multi-region
  • North America

The North America Engagement Working Group is overseen by Ceres, who’s motto, “Sustainability is the bottom line,” sums up their mission.

Through superior organization, significant assets, and a life-and-property-threatening purpose, does anyone doubt that Climate Action 100+ won’t be able to leap tall buildings and move a few mountains… coal mountains to be specific. Good luck! We’ll be keeping a watch on the progress.

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Exxon Shareholder Majority Rejects Climate Action Responsibility | Votes for High Profit at World’s Expense

Washington (Gallant Gold Media Hill Report | Analysis | May 30, 2019) –  American publicly traded global fossil fuel companies are in for a turbulent next twelve months. Exxon was feeling this rough ride at it’s annual shareholders meeting Wednesday May 29, 2019. Two of its largest shareholders were demanding climate action accountability and threatened to wrangle the support of fellow shareholders and vote the directors out.

The New York State Common Retirement Fund, led by Thomas DiNapoli, the New York State Comptroller, along with The Church of England led the proxy fight. And although they may have missed their targeted goal of outright removal, they successfully increased shareholder support for climate responsibility. More eyes will now be closely following decision makers, and tweeting about their objections.

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The Church of England, another large Exxon shareholder, believes in ethical finance. They’ve made their shock and frustration with Exxon’s refusal to act on #climatechange very public.

“This has been a very difficult AGM for Exxon and a warning shot to management.” ~Edward Mason, Church of England

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Climate Action 100+ is a force to be reckoned with. This powerful group of 324 #climate focused international investors, control $33.4 trillion in assets. They have a reach far beyond America’s political divide with a proven ability to move mountains. American conservative investors who aren’t paying attention may find their political allegiance selling them short in the long run, maybe even the short run depending on where the next Category 4 or 5 hurricane or tornado strikes.

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Exxon’s press release, following their shareholder’s meeting  on May 29, 2019, stated: “ExxonMobil expects to increase annual earnings potential more than 140 percent and double potential annual cash flow from operations by 2025 from 2017 adjusted earning, assuming a 2017 oil price of $60 per barrel adjusted for inflation based on 2017 margins.” Seeing numbers like 140% and a doubling of “potential cash flow” without a concrete plan for climate action, is a clear statement that Exxon views profits as far more important than cutting carbon.

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The climate action world does not agree with Exxon’s disregard for their responsibility to decrease Exxon’s carbon footprint. The climate focused public will happily avoid Exxon gas stations, and instead choose Shell and BP. If dollars are the only way to connect with Exxon’s decision makers, the public will accept this and send our objections using dollars. No problem.

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Mueller Was Emphatic | Pay Attention

Washington (Gallant Gold Media Hill Report | Analysis | May 29, 2019) –  With only an hours prior notice, at 11:00 AM this morningSpecial Counsel Robert Mueller spoke directly to the American public, providing a brief ten minute official statement about his investigation and final report. The first several minutes of Mueller’s briefing was riddled with audio difficulties, but it appears he was walking us through the timeline of events which were all documented in his report, as well as shared with the public along the way through his investigation. It doesn’t seem that we missed too much in the muted first few minutes. The only question really then, is what caused the audio disruption. Foreign hackers perhaps, maybe GOP obstructionists, or a technical fluke.

“Now I hope and expect this to be the only time that I will speak to you in this manner. I am making that decision myself.” ~ Robert Mueller, May 29, 2019

Mueller made several significant clarifications that are noteworthy in light of the current public debate about Mueller’s Investigation and Report, particularly the GOP’s current investigation of the investigators.

  • Special Counsel’s office falls under the Department of Justice and is thus required to follow DOJ policies
  •  According to DOJ, it’s unconstitutional to charge a US president of a “federal crime” while he’s in office
  • (Note that Mueller clearly stated federal crime, which seems to imply that charging the president with state crimes is lawful – hopefully this isn’t wishful thinking)
  • Under DOJ, the Special Counsel is explicitly permitted to investigate the president
  • Further, the “Constitution requires a process other than the Criminal Justice system to formally accuse a sitting president of wrong doing”
  • Neither Mueller or his investigators will speak beyond the findings released in the Mueller Report. “We chose those words carefully, and the work speaks for itself.”

“The report is my testimony. I would not provide information beyond that which is already public in any appearance before Congress.” ~Robert Mueller, May 29, 2019

Mueller emphasized that the findings contained in the Mueller Report, along with the analysis shared in the 400+ pages, as well as the reasons for the decisions that were made and outlined in the report, and then his statement today, is all he’ll say about it.

In closing, Mueller was emphatic that we pay attention and not lose sight of the central focus of his investigation:

“There were multiple, systematic efforts to interfere in our election. And that allegation deserves the attention of EVERY American. Thank you. Thank you for being here today.” ~Robert Mueller, May 29, 2019

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Will Exxon Shareholders Revolt on May 29? | Climate Action

Washington (Gallant Gold Media Hill Report | Perspective | May 28, 2019) –  Several large Exxon shareholders demanded that a climate proposal be included on the ballot for the 2019 annual meeting to be held on Wednesday, May 29, but Exxon failed to comply.

The Church of England, and New York State Common Retirement Fund led by Thomas DiNapoli, the New York State Comptroller, initiated a proxy fight against the Exxon directors on Friday, May 3, claiming that Exxon’s “inadequate response to climate change constitutes a serious failure of corporate governance.”

The band of pro climate action Exxon shareholders, are aligned with Climate Action 100+, a group of investors who command $32 trillion in assets and are using their strength to leverage change amongst resistant companies like Exxon. They asked fellow Exxon shareholders to vote against all existing Exxon directors at Wednesday’s annual meeting.

Of particular concern, is that Exxon competitors are creating effective climate action game plans that curb carbon emissions for this notoriously irresponsible industry. For example:

  • BP Plc
  • Chevron
  • Royal Dutch Shell Inc
  • Total SA

Will the dawning of Wednesday May 29, 2019, when Exxon finds itself with their back against the wall in Houston, TX, prove to be the much needed turning point for the US fossil fuel mega corporations, who have been the main drivers in global warming across the globe for more than three decades? We’ll soon find out.

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Hope for the Future of Healthcare In America | Gathering Ideas

Washington (Gallant Gold Media Hill Report | Perspective | May 27, 2019) –  The House Congressional Budget Office attempted to shed light on the pressing healthcare issues Wednesday May 22, 2019, during a robust exchange of bipartisan ideas shared at its hearing on a potential single payer healthcare system for America.

Fielding questions from the House CBO Committee members was a panel of experts:

  • Mark Hadley, Deputy Director, Congressional Budget Office
  • Dr. Jessica Banthin, Deputy Assistant Director for Health, Retirement, and Long-Term Analysis, Congressional Budget Office
  • Dr. Jeffrey Kling, Associate Director for Economic Analysis, Congressional Budget Office

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After several rounds of questions and answers between House Representatives and the panel of witnesses, it seemed clear that there is bipartisan support for unravelling the healthcare tangled knots of challenges and finding solutions for each one. Doing so will enable a bipartisan push towards creating a strong healthcare system for all Americans. The following are several key areas that need to be addressed in order to reach a bipartisan agreement:

  • Finding a way for Americans with strong private healthcare plans, provided by their employer, to keep these plans if they so choose. Typically, these healthcare plans are associated with America’s largest companies.
    • The vast majority of large companies are located in specific regions of the country, as well as in certain cities. For example, silicon valley employs nearly 1 million people. They likely all have exceptional healthcare and won’t want to change it, nor should they have to.
    • However, just a few hundred miles away it may be that the majority of employers are small mom & pops who struggle to provide adequate healthcare for themselves as well as the few employees they may have, and are eagerly awaiting a government healthcare plan.
    • A substantial percent of the employed work as contractors and are simultaneously reliant of alternative solutions.

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  • IT infrastructure. A looming obstacle for establishing one giant healthcare plan for America, is crafting the IT plan for securing all medical records and making them accessible anywhere. An example cited was the modernization of securing the VA health records.
    • The IRS seems to have this down and may be a potential roadmap for healthcare.
    • Our election systems are another possible pathway that can be duplicated for health records. However, we’ve recently learned that this intricate system can be successfully hacked.
    • The GOP House Representative who raised the IT roadblock, seemed to be implying that this was the reason why we would never be able to implement a massive national healthcare program. But again, we have several expansive systems already in place that can be be potentially duplicated and modified for healthcare. Breaking down the large national map into smaller state components, divided into districts just like our voting districts, seems like an effective starting point on the IT front.

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  • Competition. Our American system of free markets has proven that competition results in innovation, strengthens ingenuity and resourcefulness, and drives down prices. It was apparent at the hearing, that a bipartisan majority believe that competition will improve the quality and price of healthcare in America.
  • Toxic and contaminated zones that impact health. Certain parts of the country are more toxic than others. Industries such as coal and oil, farming communities with toxic fertilizers, military bases, superfund sites, polluted city air all impact health and create a large pool of Americans who are often born with pre-existing conditions as well as impacted with health conditions at a young age. It’s self-evident that these Americans have been impacted health wise through no fault of their own and should be covered by some type of medical plan that can aid with managing their care –  ie, healthcare support similar to what was provided to those who worked at Ground Zero following 9/11.

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  • The real cost of healthcare. The real cost of healthcare is mystifying, but thanks to technology, it shouldn’t be too difficult to figure out. What we know instinctively as individuals by going through bills with a fine-tooth comb, is that there’s a huge markup and that none of us would pay that price if we had to cover everything on our own. But since the insurance company writes the check for a significant portion, we often let it go, even if when frustrated. However, a certain percent of Americans end up filing for bankruptcy when the monster medical bills begin to roll in.
  • Miscellaneous. Establishing creative solutions for those who believe in natural and holistic methods for staying healthy, and are willing to cover the cost of their own vitamins and wellness regemines, and only need healthcare for a catastrophic event. There are currently no alternatives for this slice of the public if they’re over the age of 30. And yet, there’s an increasing number each year who fall into this particular niche. An effective healthcare plan should find ways to grow this niche.

If we’re willing to find common ground in these specific areas, and are open to comprise, then we should be able to find a path that will lead to bipartisan support for a healthcare overhaul sooner rather than later.

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The Mysterious, Recurring Trump Tweet | Secret Signal?

Washington (Gallant Gold Media Hill Report | Analysis | May 21, 2019) –  Trump has tweeted hundreds of thousands of bizarre, freaky tweets that have rattled millions across the globe. Pointing out one and labeling it as concerning will likely fall on deaf ears, but it seems important to note the anomaly regardless.

In the big scheme of things, this tweet might seem more like Trump’s heroic effort to act presidential for a few seconds a week. However, the constant repetition of the same message – a message Trump has embroidered on his HATRED RED HAT, a sentiment and hat that’s become the emblem for white nationalist vengeance against the world, particularly its American homeland – now seems more like a secret code to Trump’s white nationalist army. And look at the time stamp on this tweet, 4:01 AM on Friday morning May 17, 2019.

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Ten minutes later, Trump tweeted what really seemed to hint at the stick in his craw:

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Perhaps Trump was disgruntled over Jerry Nadler’s successful hearing on Executive Privilege conducted by the House Judiciary Committee on Wednesday May 15, 2019. The Hearing was a homerun for the House oversight function over the Executive Branch. Totally understandable why Trump was infuriated. The House was granted a green light around the obstacle that Attorney General Bill Barr has become. Surely Trump was terrified and having a difficult time sleeping.

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Hopefully, Homeland Security is tracking all the “MAKE AMERICAN GREAT AGAIN” tweets and monitoring white nationalist response. The Mueller Report mentions Trump tweets as a method to influence jurors in the Manafort trial, as well as letting Manafort know he’d be pardoned if he remained loyal.

Here’s s MAKE AMERICA GREAT AGAIN tweet during a rally in Florida that has photos. Nice. The image is likely filled with white nationalists.

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There are several others that have a few sentences of words included. But it’s the all cap MAKE AMERICA GREAT AGAIN that really stands out as a signal. A red flag of sorts. Trump had a whole series of these one sentence tweets following the Michael Cohen hearing. So as we enter a bumpy road up ahead with Trump and the House Oversight, it might be best to check daily for this particular Trump tweet RED FLAG and be cautious.

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