Awake at the Wheel

Exxon CEO Lee Raymond retired with a $500M package. Photo credit: CommonDreams.org

CNN reports

The world’s leading climate scientists, in their most powerful language ever used on the issue, said global warming is “very likely” man-made, according to a new report obtained today by The Associated Press.

Meanwhile, business has never been better for ExxonMobile

After ringing up the biggest annual profit in U.S. corporate history in 2005, Exxon Mobil on Thursday announced that it topped that number in 2006. Riding the wave of high crude-oil and gasoline prices, and despite depressed fourth-quarter earnings, the company reported a $39.5 billion profit, up more than 9 percent from the previous year. Its revenue of $377.6 billion exceeded the gross domestic product of all but 25 countries.