The Securities and Exchange Commission, for the second year running, has allowed Chevron and ExxonMobil to bar shareholder resolutions calling on the firms to fully disclose how they are working to curb their contributions to climate change.
But in their March 23 announcement, federal financial regulators approved an Exxon shareholder resolution sponsored by a noted climate skeptic, which calls for the firm to do a “greenwashing audit”
The shareholder behind the proposal is Steven J. Milloy, a longtime conservative lobbyist and political operative who publishes JunkScience.com, a website that attacks established climate science. Read Full Article - Drilled News, March 31, 2020