Exxon Cordoba Hydrid-Gas Electric Car Technology Brochure (1978)

As part of its advanced battery program in the 1970s, Exxon had developed electric motor technology to be used in a hybrid-gas electric vehicle. In 1978, the EEI automotive team created a brochure that showed off to automakers the hybrid prototype Exxon had built with its ACS technology: a Chrysler Cordoba, which got 27 miles per gallon. That was the mileage target that the Environmental Protection Agency required of vehicles by 1985.  

At the time, the American auto industry grappled with the tough new mileage standards they feared could make their gas guzzlers obsolete.

“Detroit, your future can be both as big and as small as America wants it to be,” the brochure’s cover read.

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The Electric Car and the Petrochemical Industry: Boon Or Bane? Treat or Threat? (1970)

In 1970, Victor Wouk, an independent scientist presented a paper at the Petroleum Chemical Industry conference in Tulsa, Okla. about the challenges and rewards of electric vehicles. The electric car could be “a treat that can be introduced via the bridge of the heat engine/battery hybrid vehicle over the next several decades. Everyone should be encouraged to promote the development of electric vehicles,” he concluded.

Wouk built a prototype1974 hybrid Buick Skylark that got 30 miles per gallon, double its regular mileage, and emitted 9 percent of the emissions a typical model did.

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Outline of Possible Interpretative Release by States’ Attorneys General Under The Uniform Prudent Management of Institutional Funds Act (Draft by Bevis Longstreth)

“The approach that institutional investors should take towards investing in the fossil fuel industry and in industries affected by climate change is a question of pressing concern…There is a need for interpretative guidance for fiduciaries subject to the Act as to how the duty of prudence should be exercised with respect to the rapidly growing climate change risks to the coal, oil, gas and other fossil fuel industries as well as to industries significantly dependent on such sources of energy.”

 

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