Thinkprogress:
Exxon Mobil today broke its own record for the highest-ever profit by a U.S. company, with net income this quarter rising to $11.68 billion. While Exxon officials regularly tout the company’s investment in alternative energy, ABC reported today that Exxon spends only 1 percent of profits on alternative energy sources.
According to a new study from the Center for American Progress Action Fund, their U.S. profits from the last 12 months were the equivalent to $236 from every single person with a drivers license in America.
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