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Tag: climate
Australia: Murray says climate change plan 'big basket of carrots and no sticks'
2016-05-25 22:29:00| Climate Ark Climate Change & Global Warming Newsfeed
Toronto Star: Government measures designed to fight climate change will be completely voluntary and relatively painless, promises Environment Minister Glen Murray?. Murray, who is putting the final touches on a greenhouse gas emission reduction action plan to be released within the next three weeks, said Ontarians have nothing to fear. This is a plan with a big basket of carrots and no sticks, the minister said Wednesday as he pledged to deliver the details before the house rises for the summer break...
Tags: change
plan
big
australia
Exxon Shareholders Disappoint Environmentalists, Vote Against Climate Change Proposals
2016-05-25 22:07:00| Climate Ark Climate Change & Global Warming Newsfeed
ThinkProgress: After a long battle to even get on the agenda for ExxonMobil`s 2016 Annual Meeting, the company`s shareholders on Wednesday voted against four initiatives to address climate change, even while the company is facing an investigation for its climate denial activities. Investors were hoping to force Exxon to add a climate expert to its board, to enact a policy to avoid 2°C warming, to increase capital distributions (with the understanding that continued investment in assets likely to be stranded...
Tags: change
vote
climate
proposals
Exxon shareholders pass measure that may put climate expert on board
2016-05-25 21:18:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Calif. Voters at Exxon Mobil Corp's (XOM.N) annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the board, meaning a climate activist could eventually become a director at the world's largest publicly traded oil company. The so-called proxy access measure was the first Exxon shareholder proposal since 2006 to be approved, and it was the only one of 11 proposals related to climate change to pass at meetings held on Wednesday by Exxon and fellow...
Exxon Mobil shareholders meeting was totally overrun by climate demands
2016-05-25 21:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: It`s impossible for fossil fuel executives to get some damn peace and quiet. At its annual shareholder meeting in Dallas, Texas, Exxon Mobil faced investors` demands that the company get serious about climate change adaptation and regulation. Since 1997, Exxon Mobil has fended off similar demands from its shareholders, but not at this scale. Wednesday`s meeting included the largest coalition of climate-activist investors yet of two-dozen large shareholders representing $8 trillion under management....
Tags: meeting
mobil
totally
demands
Climate Change Activists Either Prod Exxon Mobil or Sell It
2016-05-25 20:52:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: Fight or flight? Those are, in essence, the two very different approaches that the activist community is taking with Exxon Mobil these days. One group is made up of investors who want to hold on to their stakes in the company and prod the oil and gas giant, through shareholder resolutions and by applying steady pressure, to adopt new policies that reflect the realities of climate change. The other major group is campaigning to make Exxon Mobil a pariah and is urging big institutional shareholders...
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