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Article

16 May 2017

Author:
Kathy Mulvey, Union of Concerned Scientists, on EcoWatch (USA)

Exxon, Chevron face judgement day at upcoming shareholder meeting

In preparation for their annual meetings on May 31, both Chevron and ExxonMobil opposed every climate-related resolution put forth by their shareholders...Now the proponents of a shareholder resolution calling for Chevron to publish an annual assessment of long-term impacts of climate change...have withdrawn it from consideration at the annual meeting...ExxonMobil shareholders will vote on a comparable proposal in two weeks. In 2016, a resolution urging the company to report on how its business will be affected by worldwide climate policies received the highest vote ever (38 percent)...from company shareholders in favor of a climate change proposal. [refers to: Chevron, AES, Dominion Resources, Duke Energy, Marathon Petroleum, Occidental Petroleum, BP]