CHEVRON'S CONCERN FOR THE POOR

How nice that Chevron Corp. CEO John Watson is concerned for the poor. (SF Chronicle May 26, 2016) He says the California system for “limiting greenhouse gases, have been proven far too expensive.” Poor people will have to pay more for energy. Perhaps Watson’s company could pay foreign workers more money, provide medical care and decent homes. That would help the poor. Lowering the vast profits of oil companies would aid the poor by spreading the wealth. Clean air will help the poor stay healthy. More transparency about Chevron’s machinations of their information about how lower-carbon economy affects the business would help both the poor and investors.

Mr. Watson’s concern for the poor has a hollow ring.