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-   -   Shareholders force Exxon to plan for a future where it can't burn all the oil (https://hameed.nwar.uk/vb/showthread.php?t=2322001)

rss 06-01-2017 12:56 AM

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
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