Corporate Accountability: How ExxonMobil Subsidiary XTO is Paying for its Negligence
Sep 24
More recently, in early September, a grand jury investigation led to XTO being charged with five counts of state law violation. According to John Upton’s article on grist.org, “The grand jury found that XTO hired a company to recycle waste water at the Marquardt site from Nov. 4, 2010 through Nov. 11, 2010. After that one-week period, XTO directed that company to remove their processing equipment from the site and transport it to another XTO well site in West Virginia. However, XTO allegedly continued to transport and store gas well waste water at the Marquardt site despite not having the proper equipment on site to safely store or process it.”
“Charging XTO under these circumstances could discourage good environmental practices, such as recycling.”
The upside here is that no one in their right mind will buy this excuse. And, as XTO faces prosecution, it seems as if the inevitable result will stand as a rare example of corporate accountability.
Source: http://grist.org/news/exxonmobil-company-charged-with-fracking-related-crimes/
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