Exxon Mobil Corp is not required to let its shareholders vote on setting greenhouse gas targets, the U.S. Securities and Exchange Commission said on Tuesday, agreeing with the company's request to reject the proposal.
Exxon Mobil Corp is trying to block an investor proposal that calls on the world's largest publicly traded oil company to set targets for lowering its greenhouse gas emissions, two of the investor groups involved said on Sunday.
Three Democratic U.S. lawmakers, including the House armed services committee chairman, on Wednesday urged the Pentagon to revise a report on climate change, saying it omitted required items such as a list of the 10 most vulnerable bases.
A number of institutional investors in ExxonMobil Corp have said they will file a shareholder resolution which calls on the world's largest oil company to set targets for lowering its greenhouse gas emissions.
The Trump administration's proposed replacement for the Obama-era's central regulation on climate change, the Clean Power Plan, is expected to be released by the Environmental Protection Agency late next week, an agency source said on Thursday.
California will block the transport of petroleum from new offshore oil rigs through its state, officials told Reuters, a move meant to hobble the Trump administration’s effort to vastly expand drilling in U.S. federal waters.
