BP Passes One Climate Resolution, Escapes a More Ambitious One
Climate change-related proposals met with mixed results at British Petroleum’s annual shareholder’s meeting on Tuesday.
A proposal directing BP to adopt a business strategy in line with the goals of the Paris Agreement passed with an overwhelming 99 percent of the shareholder vote. But a second, stronger proposal asking the company to reduce emissions from the use of its products was defeated.
BP’s annual meeting was held in Aberdeen, Scotland, where activists set off an alarm and interrupted the meeting shouting, “It’s a crime scene!” They demanded the company end all new oil and gas projects, including plans to drill in the Arctic. The meeting came a day after climate activists in Denver and London blocked entrances to company headquarters to make similar demands. Read Full Article - Climate Liability News, May 21, 2019