Earlier this year, we promised to watch fossil fuel companies’ statements and actions carefully over the annual general meeting season. A diverse array of climate-related issues were again on company agendas at this year’s annual meetings. The recent shift from financial institutions, even if small, speaks to climate activism’s influence, but if climate activism has taught us anything, it’s that words without actions do not and cannot count as progress to avoid the worst impacts of climate change. Read more >
An Unusual Annual Meeting Season Saw Investors Ratchet Up Climate Pressure on ExxonMobil and Chevron
July 31, 2020 11:44 AM EDT
October 31, 2019 12:28 PM EDT
This post is a revamp of a 2017 post here. It is (sadly) more applicable today.
Halloween is here, and we have a lot to be spooked about when it comes to the future role of science in this country. In addition to the Trump administration’s ongoing assault on science, companies are now enjoying greater access to decisionmakers than they’ve ever had. And no industry has capitalized on inappropriate access to decisionmakers more than the fossil fuel industry. Indeed, with very little accountability, the industry has deceived the public and policymakers, and enjoyed friendly policies from decisionmakers with clear conflicts of interest.
June 24, 2019 9:56 AM EDT
At the end of last month, I attended the Chevron Annual Meeting. While this year’s meeting received significantly less attention than the ExxonMobil meeting, where attendees had to pass a 100-foot-long banner on the climate crisis, or the BP meeting, where some attendees staged a crime scene in the middle of the CEO’s opening remarks, Chevron did not escape activist pressure. And despite its efforts to keep a low profile about its meeting, Chevron faced shareholder discontent over its dedication to climate inaction. Here’s my take on the end of a proxy season in which oil and gas company decisionmakers showed why two-thirds of people in the US distrust fossil fuel companies. Read more >
June 10, 2019 2:14 PM EDT
Although ExxonMobil has received the most attention for its early knowledge of climate science (spawning the hashtag #ExxonKnew), the entire petroleum industry knew its products would cause global warming. Read more >
November 15, 2018 9:59 AM EDT
The midterms brought checks and balances to Washington, complete with new opportunities for accountability and oversight, and some members of Congress have already signaled that science will be on the agenda. Today, a diverse set of environmental, public health, and good government organizations released a report outlining what Congress can do to address recent actions that sideline science from policymaking. Read more >