Last week, the U.S. Securities and Exchange Commission (SEC) allowed Sempra Energy and Dominion Energy to omit resolutions filed by shareholder representative As You Sow to address the growing potential for stranded natural gas assets at the utilities.
Read MoreShareholder advocacy group As You Sow and nonpartisan policy think-tank Energy Innovation today released Natural Gas: A Bridge to Climate Breakdown, a report addressing the opportunities presented by the clean energy transition and the risk of overreliance on natural gas for utilities.
Read MoreJPMorgan Chase will reportedly announce today a number of policies to increase restrictions on global coal funding and to end direct project funding of Arctic oil and gas projects.
Read MoreExxonMobil filed a motion this week to exclude from its proxy a climate-related shareholder resolution asking whether and how the company intends to align its business model with the goals of the Paris Climate Agreement.
Read MoreShareholder advocacy non-profit As You Sow filed a shareholder resolution last Friday with BlackRock, asking for a report on how the company plans to fully implement the Business Roundtable (BRT) “Statement on the Purpose of a Corporation,” which was signed by Chairman and CEO Larry Fink in August 2019.
Read MoreShareholder advocate As You Sow, joined by the Church Commissioners for England and other investors, filed a shareholder proposal with ExxonMobil asking the company to respond to the urgent need to align its energy business with the Paris Climate Agreement. As You Sow filed a similar proposal joined by co-filers at Chevron.
Read MoreRepsol announced Monday a historic commitment to become “a net zero emissions company by 2050.”
Read MoreNews that GM and Toyota are siding with the Trump administration in its plan to restrict California from setting its own air pollution standards for vehicles comes as the Golden State continues to battle fierce wildfires throughout the state.
Read MoreThe Sierra Club today filed a lawsuit against the Securities and Exchange Commission (SEC) for failing to respond to a Freedom of Information Act (FOIA) request.
Read MoreThe Guardian, in collaboration with the Climate Accountability Institute, revealed Wednesday that 20 large multinational companies are responsible for one third of all greenhouse gas emissions emitted in the modern era — and these polluters are still driving the relentless climb of global temperatures.
Read MoreIn the run up and during Climate Week, more than 80 companies moved to address systemic climate risk by setting targets in line with the Paris goal of limiting global warming to 1.5 degrees Celsius.
Read MoreDuke Energy, the largest U.S. power utility, announced today a major commitment to address climate change by setting a target to achieve net-zero carbon emissions by 2050, with an interim target of 50 percent carbon emission reductions by 2030.
Read MoreThink-tank Carbon Tracker released Sept. 5 its latest report on Sept. 5 analyzing the degree to which oil and gas companies are continuing to invest in climate-threatening projects.
Read MoreAnadarko Petroleum Corp shareholders voted today to approve the oil and gas producer’s $38 billion sale to Occidental Petroleum Corp — the largest merger seen in the oil and gas industry since Royal Dutch Shell Plc acquired BG Group Ltd. in 2016.
Read Morehis week Devon Energy announced a new commitment to reduce the intensity of its methane emissions from 0.32 percent in 2018 to 0.28 percent by 2025. This announcement comes recently after the company’s sale of its high-carbon oil sands assets in Canada.
Read MoreToday, 33% of investors at Chevron Corporation’s annual meeting voted in support of a shareholder resolution asking the company to report on how it plans to reduce its full range of greenhouse gas emissions and transition its business model to align with a decarbonizing energy market. Also today, at Exxon’s annual meeting, 25% of investors voted in support of a shareholder resolution asking the company to issue a report assessing the public health risks of expanding petrochemical operations in areas increasingly prone to climate change-induced storms, flooding, and sea level rise.
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