Every year at the shareholders’ annual meeting, there is an attempt to push the company on reducing emissions. It’s time to stop trying and divest instead
In 1990, a small group of investors offered a resolution at Exxon’s annual shareholder’s meeting asking that it “develop a company-wide plan to reduce carbon dioxide emissions.” The company opposed the motion, which won 6% of the vote, on the grounds that “the facts today and the projection of future effects are very unclear.”
Here’s what happened since 1990: we’ve had all 25 of the hottest years ever measured on our planet. We’ve lost half of Arctic sea ice. The ocean has become markedly more acidic.
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Source: Guardian Environment