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Shareholders force Exxon to plan for a future where it can't burn all the oil
Shareholders force Exxon to plan for a future where it can't burn all the oil
http://i.amz.mshcdn.com/31HglPpxTw6T...1e08bd42c8.jpghttp://a.amz.mshcdn.com/assets/feed-...8be198fb13.jpghttp://a.amz.mshcdn.com/assets/feed-...6a4ca77139.jpg As reports circulated that President Donald Trump was preparing to withdraw the U.S. from the Paris Climate Agreement, a significant shift in the other direction took place in an unlikely setting: the annual shareholders meeting of the world's largest oil company. In a massive Dallas ballroom, shareholders of ExxonMobil approved a resolution that asks the company to test its business plans against a world in which policy makers enact measures to limit the burning of fossil fuels.* Specifically, the resolution asks the company to stress test its plans for a world in which leaders fully implement their Paris Agreement pledges in order to keep global warming to 2 degrees Celsius, or 3.6 degrees Fahrenheit, above preindustrial levels through 2100. Read more... More about Climate, Science, Global Warming, Paris Agreement, and Climate Changehttp://pubads.g.doubleclick.net/gamp...0&c=1496259336 http://feeds.feedburner.com/~r/Mashable/~4/UKSNMgI7QDw |
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