Next week, I’ll be joined inside the ExxonMobil and Chevron annual meetings by scientists, environmental justice advocates, and UCS colleagues—all of us representing shareholders concerned about climate change. Read more >
May 24, 2018 12:15 PM EDT
May 9, 2018 9:57 AM EDT
Heading into their annual meetings at the end of this month, both ExxonMobil and Chevron have published reports in response to investor demands that they disclose their plans for a world in which global temperature increase is kept well below two degrees Celsius (2°C) above pre-industrial levels—the target set in the Paris Climate Agreement. Should ExxonMobil and Chevron shareholders be satisfied with these reports? No—and there are indications that some are not. I took a look at these reports, consulted with other UCS experts, and identified four big questions left unanswered. Read more >
April 6, 2018 12:04 PM EDT
The year is 1988. The Wonder Years debuts on TV, George Michael’s “Faith” tops the Billboard charts, gas costs $1.67 at the pump, the U.S. Surgeon General states that the addictive properties of nicotine are similar to those of heroin and cocaine, and Royal Dutch Shell writes a confidential report on climate science and its own role in global warming. This report is one of dozens of internal documents unearthed by journalist Jelmer Mommers of De Correspondent and posted this week on Climate Files that shed more light on what Shell knew decades ago about the risks of burning fossil fuels. Read more >
January 24, 2018 11:47 AM EDT
Just a few weeks into the new year, ExxonMobil has turned the page on 2017—a year of significant gains for corporate climate accountability and significant setbacks for major fossil energy companies. However, some of these companies are aggressively fighting back, continuing to spread climate disinformation and refusing to plan for a low-carbon future. ExxonMobil, in particular, has moved toward countersuing California communities that are suing it and other fossil fuel producers over climate-related damages, and launched a webpage and video attacking the #ExxonKnew campaign. ExxonMobil’s retaliation against advocates for climate action and corporate accountability is a sure sign that our work is having an impact, and that now is the time to redouble our efforts.