Why Exxon Is Suing Its Shareholders

Credit: Tess Abbot/ExxonKnews

Last month, ExxonMobil sued two of its โ€œactivist investorsโ€ โ€” groups that try to use shareholder resolutions to pressure companies into taking action on social and environmental problems โ€” in an attempt to block a proposal for the oil giant to limit its climate pollution from coming to a vote at an upcoming shareholder meeting. […]

Big Oil Firms Touted Algae as Climate Solution. Now All Have Pulled Funding

Closeup of biofuel in a laboratory. Credit: Steve Jurvetson, CC BY 2.0 , via Wikimedia Commons

By Amy Westervelt, The Guardian. This story originally appeared in The Guardian and is part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story. One by one, big oil firms have touted their investments in algae biofuels as the future of low-carbon transportation โ€“ and one by one, they have […]