- CHARLIE MARS-MAHLAU/THE WASHINGTON TIMES Marvin E. Odum
- CHARLIE MARS-MAHLAU/THE WASHINGTON TIMES Marvin E. Odum
Wants to shape bill, not kill it
Edward Felker (Contact)
Thursday, March 5, 2009
NEWSMAKER INTERVIEW:
Shell Oil Co. President Marvin E. Odum said Wednesday that President Obama probably will win approval as early as next year for his signature environmental goal, a “cap-and-trade” system to reduce greenhouse gases.
The prediction runs counter to the hopes of many business lobbies that have been working hard to block the system, fearing it would impose huge new costs on them and consumers. Under the system, companies, including oil refiners, would pay the government for every ton of carbon dioxide they emit and could sell the right to pollute to others if they reduce their output below government limits.
Mr. Odum, who runs Royal Dutch Shell PLC’s operations in the United States, said his company is planning for the enactment of the law, which Mr. Obama estimates will generate $646 billion between 2012 and 2020, and is focusing on trying to shape the legislation so it imposes the least possible burden on Shell.
Mr. Odum indicated he would prefer that proceeds go into renewable energy technology rather than the tax cuts for individuals envisioned by Mr. Obama.
“I waver back and forth in terms of how much time it’s going to take. I do think the political will is likely in the direction of cap-and-trade,” Mr. Odum told editors and reporters of The Washington Times.
At the same time, Mr. Odum said, Shell strongly opposes Mr. Obama’s plan to raise $30 billion in new revenue over 10 years by rolling back oil and gas industry tax breaks and increasing drilling fees. He warned that the tax changes in the president’s budget plan and restrictions on offshore drilling would curb supply and production of domestically produced oil and gas, and would make the U.S. more dependent on foreign-produced fuels.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
