Current:Home > MarketsDNC Platform Calls for Justice Dept. to Investigate Fossil Fuel Companies -Mastery Money Tools
DNC Platform Calls for Justice Dept. to Investigate Fossil Fuel Companies
View
Date:2025-04-13 11:19:52
The committee drafting a platform for Hillary Clinton and the Democratic Party unanimously called on Friday for the Justice Department to investigate fossil fuel companies, such as ExxonMobil Corp., accused of misleading shareholders and the public about the risks of climate change.
At the same time, in a session Friday night, the group brushed off calls by environmental activists for the platform to support several stronger actions to move away from fossil fuels. The policies, favored by Bernie Sanders, include a carbon tax and a ban on fracking.
The effect of the session, one of several forums around the country, was to intensify the partisan heat around criticism of Exxon’s climate record, while allowing the Clinton camp to stake out political territory that is not quite so harsh on oil, coal and natural gas companies.
READ – Exxon: The Road Not Taken
Exxon is already under scrutiny by several state attorneys general. President Obama’s attorney general has referred the question to the Federal Bureau of Investigation for consideration.
Republicans, for their part, have come to Exxon’s defense and denounced the probes as a politically inspired witch hunt that infringes on the company’s constitutional rights.
Early in the campaign, after Sanders demanded a federal investigation, Clinton said that she, too, thought a Justice Department probe was warranted under RICO, a federal racketeering statute. But during the debates, as Sanders staked out forceful positions against fracking and for a carbon tax, Clinton refused to go that far.
And in the face of petitions by green activists trying to pull the platform more in the Sanders direction, Clinton’s representatives on the platform panel backed her up. Clearly, they wanted to keep their fingers off such hot buttons, such as a promise to leave most fossil fuel reserves in the ground.
They also refused to embrace a “climate test” for approving future energy projects, similar to the one President Obama imposed in turning down TransCanada’s application for the Keystone XL tar sands pipeline.
Asked about the loss on so many points, the 350.org campaigner Bill McKibben said in an email, “Since I argued for them, I guess their failure is on me. Disappointing.”
But the platform panel, according to RL Miller, founder of the advocacy group Climate Hawks Vote, did accept a goal of obtaining all U.S. energy from renewable fuels by 2050.
That ambition would support the new Paris climate agreement’s goals and is hardly compatible with a business-as-usual or “all-of-the-above” energy policy. And it is a far cry from the pro-drilling, pro-fracking, pro-fossil fuels stance of the Republican Party and its candidate, Donald Trump.
“We’re thrilled that the Democratic Party will formally recognize the need to hold fossil fuel companies accountable for their deceit,” Miller said. “And we’re happy that the committee is calling for the United States to be 100% powered by clean energy by 2050. However, we don’t see how we’ll make that bold leap with baby steps.”
She added that her group is “appalled by the incrementalist approach adopted by the majority of the committee in voting down amendments to ban fracking, price carbon, and keep fossil fuels in the ground. Incrementalism won’t solve the climate crisis.”
The platform’s authors did not name Exxon, but the debate made clear that the company was the subject of their call for a federal investigation.
“All corporations owe it to their shareholders to fully analyze and disclose risks they face including climate risks,” said the language they accepted. “Those who fail to do so should be held accountable. Democrats also respectfully request the Department of Justice investigate allegations of corporate fraud on the part of fossil fuel companies accused of misleading shareholders and the public on the scientific reality of climate change.”
Speaking in support of the motion, Neera Tanden, president and CEO of the Center for American Progress, a longtime Clinton supporter, noted that Democratic state attorneys general “have been very strong in this” by pressing investigations of Exxon.
“We have a whole series of Republican attorneys general who are taking action right now to protect the oil companies from precisely this kind of litigation,” she added. “It’s really vital that we fight against those efforts at the state and local level.”
Watch the platform’s authors discuss the motion to investigate fossil fuel companies:
ICN reporter David Hasemyer contributed reporting to this story.
veryGood! (53)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Hawaii's high court cites 'The Wire' in its ruling on gun rights
- 3 arrested on drug charges in investigation of killing of woman found in a container on a sandbar
- Ryan Grubb returning to Seattle to be Seahawks' OC after brief stop at Alabama, per reports
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Michael Mann’s $1 Million Defamation Verdict Resonates in a Still-Contentious Climate Science World
- Taylor Swift fan proposes to his girlfriend during 'Love Story' performance in Tokyo
- Christian Siriano taps Ashlee Simpson, this 'Succession' star for NYFW show at The Plaza
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Super Bowl 58 is a Raider Nation nightmare. Chiefs or 49ers? 'I hope they both lose'
Ranking
- Intellectuals vs. The Internet
- When do new 'Love is Blind' episodes premiere? Season 6 release date, cast, where to watch
- Investigators focus on suspect in Philadelphia area fire and shooting that left 6 dead, 2 hurt
- Pakistan’s ex-PM Sharif says he will seek coalition government after trailing imprisoned rival Khan
- North Carolina justices rule for restaurants in COVID
- Texas woman is sentenced to 3 years in prison for threatening judge overseeing Trump documents case
- Optimism about the U.S. economy sends stocks to a new record
- Antonio Gates, coping after not being voted into Hall of Fame, lauds 49ers' George Kittle
Recommendation
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Harris slams ‘politically motivated’ report as Biden to name task force to protect classified docs
Ed Dwight was to be the first Black astronaut. At 90, he’s finally getting his due
When the voice on the other end of the phone isn't real: FCC bans robocalls made by AI
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Small plane with 5 people aboard makes emergency landing on southwest Florida interstate
People mocked AirPods and marveled at Segways, where will Apple's Vision Pro end up?
Tarek El Moussa Reveals How He Went From Being an Absent Father to the Best Dad Possible