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US state treasurers press ExxonMobil on climate
The treasurers of seven US states and one city, all major holders of ExxonMobil shares, are pressuring the company's board of directors for a meeting on its plans to address climate change issues...The target company has been notoriously hostile to the notion of human-induced global warming, with its recently-retired chief executive officer Lee Raymond once describing the concept as a "hoax"...The treasurers are seeking a formal report on ExxonMobil's plan to address the issue, such as major emitters American Electric Power and Ford have produced.