The day before it emerged the president Donald Trump was pulling the US out of the climate deal entered in Paris in 2015, management in one of the country's largest companies lost a climate battle to its shareholders.
A general meeting at the management of ExxonMobil in Dallas Wednesday was described by the Washington Post as a "shareholder rebellion," where several of the largest shareholders, including some of the world's largest asset managers, forced management in the company to make special climate calculations. This occurred via a resolution which was backed by 62.3 percent of shareholders, but was not backed by management.
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Ahead of Thursday’s long awaited meeting between EU’s energy ministers, the EU Commission still has yet to rubber-stamp any proposed solutions to the energy crisis. According to a commissioner, preparations are still underway for the meeting – and gas prices are in focus, according to documents leaked Wednesday.