In preparation for its annual shareholders’ meeting next month, Chevron Corporation has issued its 2017 Proxy Statement. Unfortunately for investors concerned about climate change, this major oil and gas company continues to downplay the profound risks its product poses to Earth’s climate.
Kathy's Latest Posts
April 14, 2017 9:46 AM EDT
March 13, 2017 11:55 AM EDT
Last week, the Trump administration sought to short-circuit a lawsuit filed by young people seeking to hold the U.S. to account on climate change. If you are having trouble distinguishing the Trump administration from major fossil fuel companies like ExxonMobil and Chevron, you are not alone. Here are a few recent examples of the convergence between fossil fuel interests and the Trump administration. If you know the tune for “Schoolhouse Rock” version of the Preamble to the U.S. Constitution, feel free to hum along as you read. Read more >
March 9, 2017 11:04 AM EDT
This past Saturday, the Barnard College Board of Trustees voted to divest from all fossil fuel companies that deny climate science or otherwise seek to thwart efforts to mitigate the impact of climate change. The decision was based on the recommendation of a Presidential Task Force to Examine Divestment, which cited our report The Climate Accountability Scorecard: Ranking Major Fossil Fuel Companies on Climate Deception, Disclosure, and Action as a potential resource for differentiating among companies. As other investors follow in Barnard’s footsteps, it will create incentives for and put pressure on companies like ExxonMobil, Chevron, and Shell to improve their climate-related positions and actions. Read more >
January 31, 2017 12:32 PM EDT
The nomination of Rex Tillerson, former CEO of ExxonMobil, is on the Senate floor this week. Tillerson is a weak nominee at a time when the United States desperately needs skillful, experienced diplomacy to assert continued leadership on vital global affairs. His confirmation process confirmed one thing: he is ill-equipped to deal with the chaotic consequences of President Trump’s “America First” agenda and the risks it poses for our relations with other nations and our status as a world leader. Read more >
December 11, 2016 5:16 PM EDT
When the news broke that President-elect Donald Trump was considering nominating ExxonMobil Chair and CEO Rex Tillerson as Secretary of State, I refused to dignify the rumor with a response. The prospect of the leader of the nation’s largest fossil fuel company becoming our top diplomat was too preposterous—not just because ExxonMobil sells a product that is causing global warming—but because the company knew decades ago that its product was dangerously interfering with the climate and chose to mislead the public rather than be part of the solution.
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