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In one of the last places one would expect to hear about climate change and about large oil companies’ denial that is it caused by their carbon extraction, at the stockholders’ meeting for Exxon-Mobile and for Chevron, repeated attempts were made to have their own companies face up to the problem they created, denied, and lobbied to have swept under the carpet….
More than 38% of Exxon’s investors rebelled against the company by voting for a proposal that would have required the company to publish an annual study of how its profits may be affected by public climate change policies, following the Paris climate agreement, to limit the global temperature rise to less than 2C (3.6F)….
(A similar vote at Chevron’s annual shareholder meeting, also held on Wednesday, showed 41% support from Chevron investors that cast ballots.)
This opens the door to a new avenue to attack “denial of global warming”, by buying stock in Exxon Mobile and Chevron, then attending the stockholder’s meetings… (Only 13% of additional stock is now required to change Exxon, and only 10% required to flip Chevron)… A far tinier margin than anyone had previously imagined…
Exxo tried to block the resolution from being heard at its meeting, but the US Securities and Exchange Commission regulator ruled that it must include the resolution among Wednesday’s votes. Obviously this revolt could not have happened during a Republican’s executive administration.
Rex Tillerson, the boss of oil giant ExxonMobil, said cutting oil production was “not acceptable for humanity”…Tillerson said Exxon had invested $7bn in green technology, but the science and technology had not yet achieved the breakthroughs needed to compete with fossil fuels.
The resolution discussed at Exxon’s annual meeting in Dallas was proposed by the New York state comptroller, a trustee of the New York State Common Retirement Fund, the third largest US pension fund, and the Church of England.
More than 30 of Exxon’s largest shareholders, including the pension funds of the governments of Norway, Canada and California, Legal & General Investment Management and Schroder’s, previously publicly stated they would vote in favor of the motion. Other supporters of the motion include the pension funds of local authority workers in Greater Manchester and Tyne & Wear.
Exxon is currently under investigation by New York’s attorney general over claims that it lied to the public and shareholders about the risks of climate change….
Exxon believes oil and gas will still provide about 60% of the world’s energy demands by 2040. In fighting off the proposals, Rex Tillerson, the boss of oil giant ExxonMobil, played his hand as to the real reason Exxon-Mobile and other oil producers are “pretending” Global warming is still a hoax. He stated their tapped and untapped underground oil reserves already firmly in their possession would be worthless, if the world shifts over to renewable energy.
They miscalculated the future; those investments are nothing but a bad business decision.
Pope Francis just cracked down hard on those who continue to deny there is climate change and who work diligently to PREVENT any good works saving this planet from taking place. When the head of the Catholic Church speaks…. Catholics should listen.
Not tomorrow, not 10 years down the road, not three generations later… Now… Now is the time to honor it…
If are catholic and do not support stopping carbon pollution…. you had better change your religion. God wants you to fix the planet, absolutely. Not destroying it…
But as of today, if you are Catholic and pro-Carbon, it’s the same as being Catholic and killing innocent babies. Because face it, that is exactly what burning Carbon is going to do.
You know it is bad when you are tracking on the bottom of the standard deviation…. Every single year…
Like a strained marriage there comes a time, a moment, when there is no going back… Earth files for a divorce. You don’t know when its coming. But every day it doesn’t come kinda rewards continued bad behavior, until one day… Boom, it’s over and all the consequences you thought would never happen to you, dump very quickly.
You discover your bright future is over. and it’s time to pay. Boy, do you pay…
Expect global deniers to crack jokes about the cold spell this weekend… “I thought we were supposed to be experiencing global warming…. ”
They probably won’t know it is caused by a hurricane of the size of Sandy which slammed into the cold air over the Arctic and sent it spinning into North America proper… Where as its wind speed may not show up as one of the worlds worst, it is notable for this reason….
“This superstorm is notable because it represents one of the lowest sea-level barometric pressures ever observed on Earth outside of tropical cyclones and tornadoes. At 920 millibars, it is on par with Katrina…..”
If you look over this list you will notice that there are only 19 storms in the Atlantic, 12 storms in the Eastern Pacific, which have ever in recorded weather history, matched the intensity of this non-tropical storm that will cost us all dearly as we grudgingly turn on our heaters and start paying $$$$$$$ to stay warm.
This week we will be having three cyclonic activities in areas in latitudes where they should not be… One of them will be responsible for the upcoming cold snap… So yes, surprise the hell out of that person uttering disdain over global warming and bitch slap them squarely across their mouth… Retort with: “this cold is all your fault, stupid….” Then smile so they know you are indeed a really a nice person.
Old data transcribed in new format. Now everyone can see…
Just think of doubling that last total is the Keystone Pipeline gets built.
The National Weather Service has issued a Winter Storm Warning for the region at 6 a.m. Monday lasting until 7 p.m.
The weather report is identical to last week’s… 6 inches due starting at 10:00
Just like last week, we knew the exact forecast a day before…..
It was to start around 9. The districts decided to go for the half day. Clear roads going in at 6 am, but by 10:00 the roads were dangerous after the first hour’s snow. The elementary schools didn’t get out until 12:30… often awaiting delayed buses from previous runs. Furthermore, as everyone was leaving to go home from work, as the danger of the 2-3 inches fallen so far became apparent, they not only had to navigate at 5 mph on the account of the ice and snow, but all major routes were stop-and-go from blinking red school bus lights disgorging their precious cargo.
The entire northern state of Delaware was a disaster, by 1:00… Exactly right when the buses were still running with elementary kids, and the snow was already too deep to go get them if anything had happened. The buses were driving on unsafe roads…
This, I know has to be balanced against children who only get one meal a day and that is at school.. We can certainly thank our Republican friends for that later. But we must sincerely consider whether any meal is a reason enough for creating the most costly snowstorm traffic damage estimates ever made by New Castle’s County’s insurance companies.. Most could have been prevented if we’d just trusted the weatherman and said no school on account of snow….
And if it had been done the night before, all parents could have had contingency plans in place, instead of telling their boss they had to leave early to be home for their child getting off the bus, then finding themselves being stuck 1 hour and a half because of snow. Meanwhile the child is standing outside the locked door, wondering where her parents are…..
We can do better, we must do better… call off school early.
If current trends continue, estimates are the Bald Eagle will be extinct by 2020.
It appears that the American Bald Eagle is picking up some type of neurotic toxin in the Athabasca Tar Fields of Canada. Athabasca Tar Oil is obtained by pumping toxic chemicals into the bedrock to flush out thick oil. Those toxins can then contaminate wildlife when they leak. Mercury content in water samples has increased by 40% from 1979 to 2009. These oil fields and methods are developed by the Koch Brothers, the same organization which funds the our local Caesar Rodney Institute. This is the same entity that is currently pushing for the Keystone Pipeline to cross the aquifers of the Midwest thereby enabling the Koch Brothers to sell oil to America’s future enemies, most notably called out by Allan Loudell on his blog today, as China…..
The bird’s symptoms just showed up. Utah is the wintering location of Bald Eagles. Earlier this month, hunters and farmers across five counties in northern and central Utah began finding the normally skittish raptors lying, listless, on the ground. Many suffered from seizures, head tremors and paralysis in the legs, feet and wings…
The Ogden rehab center said all the sick eagles seen suffered from encephalitis, or swelling of the brain, and many had heart damage.
Currently there are only 9,789 Bald Eagles breeding in the US.
Coupled with the mysterious die off of the Monarch Butterfly, the American Moose, and now the Bald Eagle, this makes 2013 a very cataclysmic year for traditional North American icons.
The canary has stopped singing in the coal mine….