{"id":1659334,"date":"2022-09-27T04:49:50","date_gmt":"2022-09-27T08:49:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1659334"},"modified":"2022-09-27T04:51:34","modified_gmt":"2022-09-27T08:51:34","slug":"tesla-uses-company-guilty-of-oil-price-manipulation-bribery-and-corruption-for-ev-batteries","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tesla-uses-company-guilty-of-oil-price-manipulation-bribery-and-corruption-for-ev-batteries\/","title":{"rendered":"Tesla Uses Company Guilty of Oil Price Manipulation, Bribery, and Corruption for EV Batteries"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftesla-uses-company-guilty-of-oil-price-manipulation-bribery-and-corruption-for-ev-batteries%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1659334&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>On May 24, Glencore, a commodity trading and mining firm, pled guilty to a decades-long bribery and <a href=\"https:\/\/www.theepochtimes.com\/t-corruption\">corruption<\/a> scheme stretching across Africa and South America.<\/p>\n<p>Separately, Glencore also admitted to manipulating oil prices. In response, Assistant U.S. Attorney General Kenneth A. Polite, Jr., stated, \u201cGlencore Ltd. undermined public confidence by creating the false appearance of supply and demand to manipulate oil prices,\u201d <a href=\"https:\/\/www.justice.gov\/opa\/pr\/glencore-entered-guilty-pleas-foreign-bribery-and-market-manipulation-schemes\">according<\/a> to the U.S. Department of Justice.<\/p>\n<p>To settle the charges, Glencore agreed to pay the U.S. government $1.1 billion in fines and forfeitures. The guilty pleas were part of a coordinated resolution with criminal and civil authorities in the United Kingdom, Brazil, and the United States.<\/p>\n<p>Still, the judgment didn\u2019t go far enough for the International Corporate Accountability Roundtable (ICAR). It\u00a0<a href=\"https:\/\/icar.ngo\/accountable-for-corruption-but-not-for-human-rights-abuse-the-case-of-glencore\/\">stated<\/a>\u00a0that the investigation and ruling stopped short of holding Glencore accountable for its most heinous crimes\u2014Glencore stands accused of the worse human rights record among companies working in metals extraction for \u201cgreen\u201d technologies.<\/p>\n<p> <a href=\"https:\/\/img.theepochtimes.com\/assets\/uploads\/2018\/12\/13\/Protesters-display-a-banner-and-posters.jpg\"><\/a> Protesters display a banner and posters in front of the venue of commodities trader Glencore\u2019s annual shareholder meeting in Zug, Switzerland, on May 2, 2018. (Arnd Wiegmann\/Reuters) <\/p>\n<p>Acknowledging the abuses that might accompany mining, Tesla assured the public via its 2021\u00a0<a href=\"https:\/\/www.tesla.com\/ns_videos\/2021-tesla-impact-report.pdf\">Impact Report<\/a>\u00a0that it goes above and beyond not to use companies engaged in shady business dealings.<\/p>\n<p>\u201cMining has an important role to play in the transition to sustainable energy and we engage with suppliers to ensure mining is done in a responsible way. \u2026 Tesla joined the Initiative for Responsible Mining Assurance (IRMA) and uses the IRMA Standard as well as other internationally recognized responsible mining standards in our due diligence.\u201d<\/p>\n<p>In its\u00a0<a href=\"https:\/\/www.tesla.com\/ns_videos\/2019-tesla-impact-report.pdf\">2019 Impact Report<\/a>, Tesla publicly stated that \u201cTesla recognizes the higher risks of human rights issues within cobalt supply chains\u201d and had put in place policies to \u201cremove these risks from our<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 24, Glencore, a commodity trading and mining firm, pled guilty to a decades-long bribery and corruption scheme stretching across Africa and South America. Separately, Glencore also admitted to manipulating oil prices. In response, Assistant U.S. Attorney General Kenneth A. Polite, Jr., stated, \u201cGlencore Ltd. undermined public confidence by creating the false appearance of [\u2026]<\/p>\n","protected":false},"author":1203,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1659334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1659334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1203"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1659334"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1659334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1659334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1659334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1659334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}