All articles tagged with #climate proposal
The EU is facing rebellion from conservative MEPs over its 2040 climate goal, with farmers protesting and elections approaching. Spain's deputy PM warned that EU conservatives are fueling the far right with their Green Deal crusade, while a science advisory body gave the EU a poor climate progress report card. Additionally, John Kerry's climate legacy has been criticized for its impact on global climate diplomacy.
Exxon Mobil has filed a lawsuit in a Texas court to block a climate proposal by activist investors from being voted on at its upcoming shareholder meeting, arguing that the proposal is driven by an extreme agenda and would be detrimental to its business and share value. The investors are urging Exxon and other oil majors to adopt stricter climate targets, including setting emissions reduction goals for users of its products. Exxon is seeking to exclude the proposal from its proxy statement, which needs to be filed by April 11 for the shareholder meeting on May 29.
Exxon Mobil has filed a lawsuit in a Texas court to block a climate proposal by activist investors from being voted on at the company's shareholder meeting in May, arguing that the proposal would be detrimental to its business and share value. The investors are urging Exxon and other oil majors to adopt stricter emission targets, specifically targeting emissions produced by users of their products. Exxon is seeking to exclude this proposal from its proxy statement, while the investors argue that setting Paris-aligned medium-term targets covering these emissions is crucial for the company's long-term interests in the face of climate change.