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Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
I don’t believe a loving God consigns people to eternal damnation. But I do believe that Raymond, Exxon, and Chase have helped send the rest of us to a kind of hell.
Here’s how Lee Raymond’s hometown paper, the Houston Chronicle, remembered him Thursday morning.

The Texas paper was more direct, and more accurate, than anyone else covering the story. The Times obit gave top billing to the fact that he led the acquisition of Mobil and “cut costs relentlessly;” the Wall Street Journal waited till paragraph six to note that he was “openly skeptical” of climate science (much like The Wall Street Journal). But the Chron had it right—when people think back in a hundred years or a thousand or ten thousand, the one thing worth remembering about him will be the crucial role he played in holding back action on climate change.
I’m going to recount the lowlights of the story here, and add one that gets very little notice in the obituaries, but that ties directly to the ongoing crisis.
Raymond was a research engineer who spent his whole career at what was then the world’s largest company. He joined its board in 1984, already a leading candidate for CEO, which means he was near the top during the 1980s, the period when (as we now know thanks to great investigative reporting) the company’s scientists correctly identified the dangers of global warming and linked them directly to Exxon’s products. That research, as Inside Climate News reported in 2015,
laid the groundwork for a 1982 corporate primer on carbon dioxide and climate change prepared by its environmental affairs office. Marked “not to be distributed externally,” it contained information that “has been given wide circulation to Exxon management.” In it, the company recognized, despite the many lingering unknowns, that heading off global warming “would require major reductions in fossil fuel combustion.”
Unless that happened, “there are some potentially catastrophic events that must be considered,” the primer said, citing independent experts. “Once the effects are measurable, they might not be reversible.”
This was, of course, the same decade when Jim Hansen was carrying out his groundbreaking research at NASA (and I was writing The End of Nature). Exxon, as it turns out, was on precisely the same wavelength. Here’s, to me, one of the great historical what-ifs: Imagine that, on the night that Hansen made his remarks to Congress, an Exxon exec like Raymond had gone on the evening news and told Tom Brokaw, Dan Rather, or Peter Jennings that “our research shows pretty much the same thing.” No one would have accused Exxon of climate alarmism; instead, we would have gotten to work as a civilization.
Instead, they chose denial. And it was Raymond who played a lead role, as Exxon helped form the Global Climate Coalition, first of the obfuscation fronts. He became the spokesman for anti-science in many ways: In 1997, as the world approached the first global climate talks in Kyoto, he gave what may be a speech second only in importance to Hansen’s original testimony. Speaking in Beijing to the Worl Petroleum Congress, he contended that the world was cooling, that there was no way to know if carbon dioxide was to blame, and that in any event “it is highly unlikely that the temperature in the middle of the next century will be significantly affected whether policies are enacted now or 20 years from now.”
These, of course, were exactly the things Exxon’s scientists had told them were not true. Indeed, they’d been explicitly warned that
man has a time window of five to ten years before the need for hard decisions regarding changes in energy strategies might become critical.
And Exxon had believed its scientists. As a 2015 Los Angeles Times report made clear, they’d begun building drilling rigs higher to counteract rising sea levels, and plotting out what parts of the Arctic might be prime for oil drilling once they’d helped melt the ice.
Exxon, more than any single force on Earth, made sure that the planet didn’t address climate change while it had time. Given what it knew in the 1980s Exxon could have had a head start on building and owning the solutions like sun and wind. But, as one of Raymond’s successors said two years ago, that didn’t happen because “we don’t see the ability to generate above-average returns for our shareholders” with clean energy. And he was right. You can make money putting up solar panels, but you can’t make Exxon money, because the sun delivers energy for free. It doesn’t offer the same scope for greed.
And greed was the word here. For his role in helping wreck the Earth’s climate system, Exxon paid him $686 million, or $144,573 a day, during his tenure as CEO. His retirement package was $400 million.
And even when he finally left Exxon in 2005 he continued on doing damage—this is the often overlooked part of his story. He was the lead independent director at JP Morgan Chase, which had been the Exxon house bank, and which, as I chronicled for Rolling Stone in 2020, became the fossil fuel industry’s biggest lender—the “doomsday bank.”
Many of us ginned up a campaign to get him off that board (along with Rev. Lennox Yearwood and other protesters, and with Jane Fonda looking in through the glass windows, I was arrested at a DC Chase branch to help kick off that fight in 2020). It was eventually successful—that summer he was demoted as lead director, and left the board in December.
But Raymond’s legacy lives on. Just as Exxon has gone on pumping out oil (and climate nonsense), Chase has kept pumping out money. As the brand new edition of the Banking on Climate Chaos report pointed out last week, Chase remains the No. 1 financier of fossil fuels around the world, besting Mitsubishi, Citigroup, and Bank of America; since 2021 they’ve pumped a quarter-trillion dollars into this effort. Asked by The Guardian for a comment, a Chase spokesman said, “As one of the world’s largest financiers of energy, we support the full range of energy solutions and technologies, with a focus on reliability, affordability, security, and long-term resilience.” That kind of bland corporate-speak hides an almost unimaginable multitude of sins.
Like a great many Christians, I don’t believe a loving God consigns people to eternal damnation. But I do believe that Lee Raymond, Exxon, and Chase have helped send the rest of us to a kind of hell. As Jeff Masters just reported:
The world recorded its highest burned area for any January-May during the past 15 years, with more than 150 million hectares burned globally—22% higher than the previous high set in 2020 and about double the recent average for this period. In the US, the burned area so far in 2026 has been the highest for at least the past 10 years—about double the 10-year average—according to the National Interagency Fire Center.
"The US regime's secretary of state, driven by ambitions of conquest, presidential aspirations, and the vengeful sentiments of the elitist clique that propelled his political career, now further tightens the economic and energy stranglehold against Cuba," said the island's foreign minister.
Amid mounting global calls for President Donald Trump to end his administration's "economic genocide" in Cuba, US Secretary of State Marco Rubio on Thursday announced sanctions against the state-owned oil and gas company, a move expected to worsen the island's fuel shortage and related humanitarian crisis.
Trump, in recent months, has repeatedly threatened to "take" Cuba and ramped up the 65-year US embargo against the country, including by imposing an oil blockade—disrupting food supplies, healthcare, education, transportation, and more—and issuing a May executive order that Rubio cited in his statement about the sanctions against Union Cuba-Petroleo (CUPET).
Rubio, the son of Cuban immigrants and a longtime advocate of regime change on the island, claimed Thursday "that like every resource on the island, energy has long been weaponized by Cuba's communist government as a tool of both repression and self-serving regime kleptocracy."
"While the Cuban people have suffered fuel shortages and blackouts because of decades of under-investment in critical infrastructure," Rubio continued, "Cuba's communist leaders have diverted energy resources to line their own pockets: reselling countless barrels of scarce energy on the secondary market, hoarding energy supplies for its military, intelligence, and repressive forces, and rationing energy as a tool of social control."
Warning of the new sanctions' likely impact, William LeoGrande, a Cuba expert at American University in the United States, told The Associated Press: "It appears that they're all in on strangling the Cuban economy... Their policy is a contradiction. They claim they don't want to create a humanitarian crisis, although that's exactly what they’re doing."
As some Florida Republicans in Congress celebrated the secretary of state's announcement, Cuban officials fired back, with Bruno Rodríguez, Cuba's foreign affairs minister, taking aim at Rubio in a social media post.
"The US regime's secretary of state, driven by ambitions of conquest, presidential aspirations, and the vengeful sentiments of the elitist clique that propelled his political career, now further tightens the economic and energy stranglehold against Cuba," he wrote in Spanish. "To justify it, he does not resort to excuses prepared by his State Department, but to the usual crude lies, the most aggressive, uncouth, and rabid among Cuba's enemies."
Ernesto Soberón, Cuba's permanent representative to the United Nations, accused Rubio of "peddling crude lies" while the US ambassador to the UN, Mike Waltz, "mindlessly parrots the claim that the blockade does not exist and is, therefore, not primarily responsible for the suffering of the Cuban people."
"The cynicism of top US officials knows no bounds," Soberón said. "Stop the collective punishment of the Cuban people."
This week alone, UN High Commissioner for Human Rights Volker Türk, the International Association of Democratic Lawyers, and thousands of Italian medical professionals have spoken out against the US blockade of Cuba.
“The fuel restrictions imposed since early 2026 and recent tightening of extraterritorial sanctions, taken together, are directly harming Cubans, especially the most vulnerable," said Türk. "Children are dying because doctors lack access to essential medical supplies and medicines. This is unacceptable. These sanctions must be lifted immediately."
The Trump administration's targeting of CUPET came a week after it sanctioned Cuban President Miguel Díaz-Canel, his wife, and three other individuals.
"We just want them to be a nicely run country," Trump told journalists in the Oval Office last week, when asked whether those sanctions were meant to accelerate Cuba's collapse. "The country is starving, and it's got no energy, it's got no oil, it's got no money, it's got nothing. It's got a beautiful piece of land. You could have beautiful resorts."
Trump said that Cuba had already "sort of collapsed" and "we're going to handle that as soon as we've finished" military operations in Iran. He added, "I like to do one thing at a time."
Earlier this week, Elena Gutiérrez, a Mexican American activist at Global Exchange, wrote for Foreign Policy In Focus about returning from three trips to the island this year "with my heart a little more broken, but also with a stronger conviction that we need to defend Cuba."
"But can US citizens truly stop the madness their own empire imposes on them and on the rest of the world? Let us hope so, because only the people of the United States—and no one else—can carry out the transformations their own country needs," according to Gutiérrez. "Only then will Cuba, the United States, Mexico, and the rest of the world be free."
The coalition called for a nationwide ban "until adequate regulations can be enacted to fully protect our communities, our families, our environment, and our health from the runaway damage this industry is already inflicting."
Over 500 organizations representing millions of people across the United States wrote to Congress on Thursday to call for "a national moratorium on the approval and construction of new data centers," warning that "the rapid, largely unregulated rise" of such projects already threatens "Americans' economic, environmental, climate, and water security."
"The rapid expansion of data centers across the United States, driven by the generative artificial intelligence (AI) and crypto boom, presents one of the biggest environmental and social threats of our generation," the groups wrote. "This expansion is rapidly increasing demand for energy, driving more fossil fuel pollution, straining water resources, and raising electricity prices across the country."
"All this compounds the significant and concerning impacts AI is having on society, including lost jobs, social instability, and economic concentration," the letter notes. "We urge you to join our call for a national moratorium on new data centers until adequate regulations can be enacted to fully protect our communities, our families, our environment, and our health from the runaway damage this industry is already inflicting."
While the letter doesn't name any specific legislation, it came just a few months after a pair of progressive powerhouses, Sen. Bernie Sanders (I-Vt.) and Rep. Alexandria Ocasio-Cortez (D-NY), announced the Artificial Intelligence Data Center Moratorium Act, a first-of-its-kind federal bill that would prohibit new construction until a range of safeguards are in place.
Thursday's letter was facilitated by the advocacy group Food & Water Watch (FWW)—a key backer of that bill—and signed by hundreds of other national, regional, and state organizations, including Americans for Financial Reform, Center for Constitutional Rights, Center for Food Safety, Friends of the Earth, Greenpeace USA, Honor the Earth, Oil Change International, Our Revolution, People's Action Institute, Popular Democracy, Third Act, Women's Earth and Climate Action Network, and more.
"The large and surging national movement to rein in runaway data center build-out was born at the grassroots level, with concerned residents in countless communities across the country reacting to the real harms and hazards this industry brings wherever it lands," said FWW organizing director Emily Wurth in a statement. "We are following their lead, working at the local, state, and federal levels to support these fights and halt Big Tech in its tracks."
In addition to unveiling the letter to Congress on Thursday, the groups announced the Stop Data Centers Coalition. Wurth declared that "the time is right for a national coalition to lift up state and local fights, and drive a national agenda that will allow stakeholders to properly consider not how, but if this industry can operate in a responsible, sustainable manner."
📣 BIG NEWS 📣 Today we’re launching the Stop Data Centers Coalition – a group of advocacy organizations fighting Big Tech’s unregulated data center frenzy. Learn more about the coalition, explore helpful resources and learn how you can plug in here: https://fwwat.ch/datacentercoalition
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— Food & Water Watch (@foodandwater.bsky.social) June 11, 2026 at 11:30 AM
Paco Fabián, deputy director at Our Revolution, said that his organization "is proud to help launch this coalition because a moratorium is necessary to ensure transparency, accountability, and community input before more energy-intensive projects move forward and lock us into decades of higher costs and greater climate risks."
The coalition and letter announcements followed US Environmental Protection Agency Administrator (EPA) Lee Zeldin's saying at the Politico Energy Summit on Wednesday that he would not set national requirements for data centers.
"Ten times out of 10, I'm not going to sit inside of an agency building in Washington, DC, and that we say that we know that local community in Georgia or Florida or Arizona or elsewhere, better than everyone there locally," Zeldin said, as polling demonstrates the unpopularity of data centers and people in communities across the country—including from Monterey Park, California and Seattle, Washington just this month—come together to block new projects.
Responding to Zeldin's remarks, Clara Vondrich, senior policy counsel with Public Citizen's Climate Program, said in a statement that he "just gave Big Tech the green light to build data centers that will consume massive amounts of power and water without any enforcement by the EPA. He says he won't meddle in community affairs, but his inaction dooms communities to higher asthma rates, noise and light pollution, and new fossil fuel infrastructure the climate can't afford."
"Once again, the administration is dangerously out of touch with the needs and wants of the American people: A majority of registered voters oppose building data centers in their local area, and 6 in 10 think that if a data center opened in their local area, their electricity bills would increase," Vondrich continued. "Yet the administration insists on enabling Big Tech companies in the race to be first and fastest, cosigning their reckless build-out of behemoth AI data centers with a combination of gas, diesel, and even coal."
"Zeldin is right that we should follow what communities want. And that's clear: no dirty data centers near their homes, schools, parks, and playgrounds," she added. "Big Tech executives have lobbied hard to ingratiate themselves into the Trump administration's orbit... Zeldin made clear that their investment was money well spent."