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Why Exxon Mobil is now lobbying for a carbon tax

2016-06-30 12:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: In an attempt to combat climate change, the worlds largest publicly traded oil company is asking to be taxed. Exxon Mobil is lobbying the rest of the American industry, as well as Capitol Hill, for a revenue-neutral carbon tax, The Wall Street Journal reported Thursday. Exxon has welcomed a tax on carbon emissions since 2009. But December's Paris Agreement, aimed specifically at keeping most fossil fuel reserves in the ground, has prompted the company to increase its efforts over the past six...

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Environmental groups reject Rep. Lamar Smiths request information Exxon Mobil climate case

2016-06-02 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: The letter to House Science Committee Chairman Lamar Smith (R-Tex.), shown here in August 2010, appeared to be part of a tit-for-tat after state attorneys general sought old Exxon Mobil documents related to climate. (AP) The battle over Exxon Mobil and the issue of climate change took a new turn Wednesday. Environmental groups, citing constitutional rights, said they would not comply with a sweeping request for information from the House Committee on Space, Science and Technology led by Chairman...

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Exxon Mobil shareholders meeting was totally overrun by climate demands

2016-05-25 21:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: It`s impossible for fossil fuel executives to get some damn peace and quiet. At its annual shareholder meeting in Dallas, Texas, Exxon Mobil faced investors` demands that the company get serious about climate change adaptation and regulation. Since 1997, Exxon Mobil has fended off similar demands from its shareholders, but not at this scale. Wednesday`s meeting included the largest coalition of climate-activist investors yet of two-dozen large shareholders representing $8 trillion under management....

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Climate Change Activists Either Prod Exxon Mobil or Sell It

2016-05-25 20:52:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Fight or flight? Those are, in essence, the two very different approaches that the activist community is taking with Exxon Mobil these days. One group is made up of investors who want to hold on to their stakes in the company and prod the oil and gas giant, through shareholder resolutions and by applying steady pressure, to adopt new policies that reflect the realities of climate change. The other major group is campaigning to make Exxon Mobil a pariah and is urging big institutional shareholders...

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First Mercantile Trust Co. Holds Position in Exxon Mobil Co.

2016-04-17 16:57:23| Chemicals - Topix.net

First Mercantile Trust Co. held its position in shares of Exxon Mobil Co. during the fourth quarter, Holdings Channel reports.

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