Climate change tops the agenda at Exxon shareholders meeting

DALLAS (AP)—At Exxon Mobil, profit is down and the stock has sagged too, but debate at the annual meeting is more likely to focus on the oil giant’s stance on climate change and other issues.

Shareholder activists are pushing Exxon to study and disclose whether regulations designed to reduce carbon emissions could hurt demand for oil.

They also want Exxon to describe steps it takes to prevent methane emissions from hydraulic fracturing, or fracking, when it drills oil and gas wells.

The meeting Wednesday will be the first since Darren Woods became CEO, replacing Rex Tillerson, who moved up his retirement date after being picked to become President Donald Trump’s secretary of state.

 
 
 
 
 
US

Trump Says Collusion Investigations Play Into Russia’s Hands

Trump Says Collusion Investigations Play Into Russia’s Hands
President Donald Trump on Feb. 18 responded to the revelation that Russian nationals had used fake social media ...
READ MORE >
 

China Has Built Intelligence Hub in Disputed Area of South China Sea, According to Think Tank

China Has Built Intelligence Hub in Disputed Area of South China Sea, According to Think Tank
The Chinese regime has completed construction of an intelligence and communications hub in the disputed Spratly Islands located ...
READ MORE >
 

Netizens Dig Into Chinese Regime’s Dubious Claims About Historical Painting, Suspect Its Use as Propaganda Tool

Netizens Dig Into Chinese Regime’s Dubious Claims About Historical Painting, Suspect Its Use as Propaganda Tool
The Chinese regime’s annual Lunar New Year gala broadcast on state television has once again drawn ire for ...
READ MORE >
 

North Korean Athletes Face Grim Prospect of Punishment, Imprisonment For Failing to Win

North Korean Athletes Face Grim Prospect of Punishment, Imprisonment For Failing to Win
As the North Korean athletes have so far failed to score a single medal at the Winter Olympics ...
READ MORE >
 

The Environmental Movement’s Ulterior Motives

The Environmental Movement’s Ulterior Motives
It’s hard to argue against environmental conservation. That’s why politicians have often used environmental issues to silence opposition, ...
READ MORE >