May 29, 2018 9:22 AM EDT
A conversation with William (Bill) Hafker, an environmental engineer who spent 36 years working for ExxonMobil. Bill believes that oil and gas companies should be increasingly active and transparent in identifying and committing to meaningful climate action, and should incorporate climate planning into their traditional business planning. Read more >
May 24, 2018 12:15 PM EDT
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 21, 2018 2:20 PM EDT
Major fossil fuel producers are holding their annual general meetings (AGMs) this month amid mounting pressure from investors, increasing risks of legal liability for climate damages, and heightened scrutiny of their lobbying and public policy advocacy. BP and Royal Dutch Shell host their AGMs this week; ExxonMobil and Chevron will follow next week.
If shareholder meetings were classic game shows, and investors were keeping score, fossil fuel companies would be coming up short. Read more >
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 >
