Climate Activists Win at Least 2 Seats on Exxon's Board

[SummerMadness]

Climate Activists Win at Least 2 Seats on Exxon's Board

Big Oil was knocked down a peg on Wednesday when shareholders of Exxon Mobil dealt the company’s management a stunning defeat by electing at least two board candidates nominated by activist investors who pledged to steer the company away from oil and gas and toward cleaner energy.

The success of the campaign, led by a tiny hedge fund against the nation’s largest oil company, could force the energy industry to confront climate change and embolden Wall Street investment firms that are prioritizing the issue. Analysts could not recall another time that Exxon management had lost a vote against company-picked directors.

 

[iluvatar5150]

 

[Occams Barber]

Climate Activists Win at Least 2 Seats on Exxon's Board

Big Oil and Big Coal are in danger of becoming the 21 Century equivalent of buggy whip manufacturers at the time when the Model T Ford was rolling off the assembly line.

Putting climate activists on the board may sound like sleeping with the enemy but they may well save these companies by encouraging them into energy industries with an ongoing future.

OB

 

[7thKeeper]

Big Oil and Big Coal are in danger of becoming the 21 Century equivalent of buggy whip manufacturers at the time when the Model T Ford was rolling off the assembly line.

Putting climate activists on the board may sound like sleeping with the enemy but they may well save these companies by encouraging them into energy industries with an ongoing future.

OB

On the same day, Shell was ordered to cut its emissions by 45% by 2030 from 2019 levels.

Shell: Netherlands court orders oil giant to cut emissions

 

[98cwitr]

Climate Activists Win at Least 2 Seats on Exxon's Board

Just when you thought fuel prices couldn't get much higher....

 

[Desk trauma]

Just when you thought fuel prices couldn't get much higher....

Low gasoline prices, the highest moral good.

 

[iluvatar5150]

Just when you thought fuel prices couldn't get much higher....

When did Exxon board members gain control over commodity markets?

 

[98cwitr]

Low gasoline prices, the highest moral good.

If one were to care about the conditions of the working poor actually getting to work, then yes.

I still have yet to see tangible evidence that the co2 emissions caused by the burning of fossil fuels is creating global warming to levels that endanger the planet's ecosystems. In fact, I see the opposite being true:

Greenland just GAINED a Record-Smashing amount of Snow and Ice - Electroverse

It’s not winter, but Mauna Kea is dusted white with snow

I will rejoice extra on the day when the narrative moves from (~global warming~) climate change to "Global cooling is a threat to humanity"; being from the South, I already miss winter!

 

[Desk trauma]

When did Exxon board members gain control over commodity markets?

When a democrat won the Whitehouse and gasoline prices, along with deficits, telling the truth, presonal morality and all those other things started to matter again.

 

[Desk trauma]

If one were to care about the conditions of the working poor actually getting to work, then yes.

...and just like that expecting people to take personal responsibility and adapt to the realty of the modern economy went out the window.

 

[Nithavela]

...and just like that expecting people to take personal responsibility and adapt to the realty of the modern economy went out the window.

Of course, removing such a barbaric concept as "the working poor" is no concern to your average conservative. The only important thing is that they get to work.

 

[SummerMadness]

If one were to care about the conditions of the working poor actually getting to work, then yes.

I still have yet to see tangible evidence that the co2 emissions caused by the burning of fossil fuels is creating global warming to levels that endanger the planet's ecosystems. In fact, I see the opposite being true:

Greenland just GAINED a Record-Smashing amount of Snow and Ice - Electroverse

I will rejoice extra on the day when the narrative moves from (~global warming~) climate change to "Global cooling is a threat to humanity"; being from the South, I already miss winter!

It's not a matter of whether the planet can survive, it will. CO2 emissions are a problem for humans, not the planet. Humans will not thrive on a warmer planet, we are already witnessing that with sea level rise. Pair that with our unsustainable economic practices, who cares about climate change when using fossil fuels the way we do currently is still unsustainable, regardless of its effects on the environment.

 

[98cwitr]

...and just like that expecting people to take personal responsibility and adapt to the realty of the modern economy went out the window.

Hang on there, is this about "personal responsibility" now? The narrative is that we need government to come in and fix this with trillions of taxpayer dollars/debt, isn't it?

I'm all for everyone recycling and not littering. The amount of microplastics in our oceans is a real problem I am willing to champion with Greta.

 

[98cwitr]

It's not a matter of whether the planet can survive, it will. CO2 emissions are a problem for humans, not the planet. Humans will not thrive on a warmer planet, we are already witnessing that with sea level rise. Pair that with our unsustainable economic practices, who cares about climate change when using fossil fuels the way we do currently is still unsustainable, regardless of its effects on the environment.

Is there no concern over the effective co2 saturation for sustaining plant life? We're at the lowest co2 saturation in the history of the world. I think there is valid concern that if we drive it any lower, the sum of plant life on earth will not have enough food to survive:

Plants need CO2 to live. So is more of it a good thing? | Climate Central

Without enough co2, thus enough plants, we don't have enough oxygen. Humans need oxygen at certain rates.

The irony is that the same narrative that shouts and virtue signals about climate change is the same that is overly concerned with over population. So either human life matters and has value, or it doesn't.

AOC's "we're all gonna die in 12 years" clock is still ticking....

 

[Desk trauma]

Hang on there, is this about "personal responsibility" now?

It was, until that thing happened in Washington on the capital steps on or around the 21st of January. There after it was so awful that people have to expend so much of their budget on fuel, food, etc. Prior to that is was all was lern2code, stop being poor etc.

 

[SummerMadness]

Is there no concern over the effective co2 saturation for sustaining plant life? We're at the lowest co2 saturation in the history of the world. I think there is valid concern that if we drive it any lower, the sum of plant life on earth will not have enough food to survive:

Plants need CO2 to live. So is more of it a good thing? | Climate Central

Without enough co2, thus enough plants, we don't have enough oxygen. Humans need oxygen at certain rates.

The irony is that the same narrative that shouts and virtue signals about climate change is the same that is overly concerned with over population. So either human life matters and has value, or it doesn't.

AOC's "we're all gonna die in 12 years" clock is still ticking....

Your understanding of the science is woefully inadequate.

 

[98cwitr]

Your understanding of the science is woefully inadequate.

By all means, demonstrate that.

 

[Aryeh Jay]

Just when you thought fuel prices couldn't get much higher....

Well, they did, back in July of 2008 under George W. Bush. Quite a bit higher.

 

[Desk trauma]

Well, they did, back in July of 2008 under George W. Bush. Quite a bit higher.

Do not speak of the jāhilīyah.

 

[durangodawood]

Americans are addicted to giant size motor vehicles.