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Tag: exxon
Fossil fuel darling Ted Cruz demands the feds stop investigating Exxon
2016-05-27 21:50:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: He`s baaaack! Just a few weeks after Ted Cruz tucked his three-pronged tail between his legs and headed back to D.C., the Texas senator and one-time presidential hopeful has gone right back to advocating for his real constituents in Congress: Big Oil. The Guardian reports that Cruz, along with four other senators, has demanded that the Department of Justice cease any investigation into whether oil companies lied to the public about climate change. Exxon, which wasn`t specifically mentioned...
Granddaughter of Exxon Scientist Confronts CEO Over Funding Climate Denial
2016-05-27 15:39:00| Climate Ark Climate Change & Global Warming Newsfeed
Democracy Now!: At its annual meeting in Dallas, Texas, ExxonMobil shareholders rejected a series of resolutions Wednesday calling for climate action, including resolutions backed by CalPERS, the California Public Employees Retirement System, as well as New York state Comptroller Thomas DiNapoli and the Church of England. Shareholders did pass a measure to let minority shareholders nominate outsiders for seats on the board, raising the possibility that a climate activist could someday become a director at Exxon....
Tags: funding
ceo
climate
denial
Rift emerges over Exxon: Engage or divest?
2016-05-27 15:07:53| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: Stockholders at Exxon Mobil Corp., the world's largest private-sector oil company, passed a proposal yesterday to nominate outside candidates to the board, a move that could affect the company's decisions on climate change. New York City Comptroller Scott Stringer, the fiduciary for New York city's five public pension funds, which invests about $150 billion, filed the proxy access resolution, which received 62 percent support. The nonbinding resolution is the first measure opposed by Exxon's board...
Tags: engage
emerges
exxon
rift
Exxon, Chevron wont budge on climate so what happens next?
2016-05-26 17:29:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: The world is going to have to continue using fossil fuels, whether they like it or not. That was CEO Rex Tillerson`s promise -- or threat -- at the ExxonMobil AGM in Dallas on Wednesday. His combative stance was matched by Chevron counterpart John Watson. You can sign agreements in Paris, thats a good step, he said. But when you sign agreements and create the impression that its going to be implemented when no ones identified the trillions of dollars that its going to cost, its...
Exxon shareholders pass measure that may put climate expert on board
2016-05-26 14:07:01| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Voters at Exxon Mobil Corp's (XOM.N) annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the board, meaning a climate activist could eventually become a director at the world's largest publicly traded oil company. The so-called proxy access measure was the first Exxon shareholder proposal since 2006 to be approved, and it was the only one of 11 proposals related to climate change to pass at meetings held on Wednesday by Exxon and fellow U.S....
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