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For Immediate Release
August, 25 2020, 12:00am EDT
Contact:
Lindsay Meiman,Senior U.S. Communications Specialist,lindsay@350.org,us-comms@350.org,+1 347 460 9082,New York, USA
350.org on ExxonMobil being booted from Dow Jones: "Big Oil has fallen"
In a historic marker of the end of the fossil fuel era, ExxonMobil was booted from the S&P Dow Jones Industrial Average after nearly a century. On this latest, May Boeve, 350.org Executive Director, issued the following statement:
NATIONWIDE
In a historic marker of the end of the fossil fuel era, ExxonMobil was booted from the S&P Dow Jones Industrial Average after nearly a century. On this latest, May Boeve, 350.org Executive Director, issued the following statement:
Big Oil has fallen. Our job is to make sure they don't take us down with them. Fossil fuel companies like Exxon knew and lied for decades about the main cause of the devastating impacts we're now experiencing across the globe: from fires, storms and floods to droughts and rising seas. As the finance world wakes up and cuts ties with these climate criminals, we are rising up to make polluters pay for their destruction.
Exxon's deep fall today is another powerful reminder of how fossil fuels are too volatile to be the basis of a resilient economy. It is past time for Exxon to recognize that it is not only one of the most responsible for the climate crisis, but also that its assets are quickly becoming stranded as we move towards more sustainable, resilient, and regenerative economic systems, based on renewable, accessible and just energy sources.
In 2020, amidst record-breaking temperatures and the global COVID-19 pandemic, the Greenland Ice Sheet has passed the point of no return. Communities are experiencing devastating impacts including: warming oceans doubling hurricanes and storms; rare derechos bringing hurricane-like conditions to the Midwest US; floods and landslides in South Asia; extreme heat in the Middle East and Eastern Europe; and year-round fires from the West Coast to Colorado, all are forcing people from homes, causing rolling blackouts, bringing poisonous air and water, and threatening workers, food, and health.
In the last nine months, seven oil companies downgraded assets by at least $87 billion. To date over 1200 institutions representing more than $14 trillion in assets have committed to some level of fossil fuel divestment. Norway's biggest private money manager announced its divestment from Exxon and Chevron for climate-related reasons.
Communities continue to demand institutions divest and stand on the right side of history, including in New York State where an intergenerational movement won the $200 billion pension fund's coal divestment, and at Harvard University, which just elected multiple divestment proponents to its oversight board.
Around the world, communities are demanding a Just Recovery to the compound crises of COVID-19, climate breakdown, and racism, including the redistribution of resources away from fossil fuel corporations toward community relief, mutual aid, public power, and community-determined solutions for long-term health and a regenerative economy.
350 is building a future that's just, prosperous, equitable and safe from the effects of the climate crisis. We're an international movement of ordinary people working to end the age of fossil fuels and build a world of community-led renewable energy for all.
LATEST NEWS
Labor-Backed Coalition Launches Working-Class Effort to Flip 35+ House Seats in 2026
"Working people deserve leaders who will fight for them, not grovel at the feet of their billionaire donors," said Maurice Mitchell of the Working Families Party, one of the groups involved in the new coalition.
Jul 16, 2025
A coalition of dozens of labor groups and other progressive activist organizations has launched a new $50 million initiative to flip the U.S. House of Representatives in 2026 with a coalition of working-class voters.
The political action committee, Battleground Alliance PAC, announced Wednesday that it will seek to flip at least 35 Republican-held districts for Democrats by mobilizing voters angry about the Trump administration's assault on the social safety net and authoritarian attacks on civil liberties.
The groups will target their efforts toward mobilizing voters who have been hit the hardest by the Republican agenda.
"These are parents who will lose healthcare for their kids, families struggling after [Supplemental Nutrition Assistance Program] cuts, seniors not being able to afford their medication, people struggling with higher utility bills, and workers who've watched billionaires get tax breaks while their wages stay flat," the group said Wednesday. "They're not just participating, they're at the center of leading this effort to take back control and make their voices heard at the ballot box next November."
The coalition is attempting to build upon the successes of Battleground New York, which mobilized progressive voters in 2024 to flip back many seats lost to Republicans during the previous cycle. Amid the daily outrages of President Donald Trump's second term, they believe that success can be replicated nationally.
"People are angry for a reason," said Stephanie Porta, campaign manager for the Battleground Alliance. "They've seen their rights stripped, their wages stagnate, their bills skyrocket, their healthcare attacked—and they're done waiting. This isn't about the usual D.C. politics. This is about the majority of Americans saying: enough is enough."
Among the groups taking part in the alliance are the Service Employees International Union (SEIU), Working Families Party, Planned Parenthood Votes, Indivisible, and MoveOn.
The announcement of Battleground Alliance came on the same day that the Congressional Progressive Caucus outlined its major priorities for 2026 in a briefing to reporters.
"Working people in America are getting screwed by corrupt politicians and big corporations that are driving costs up and keeping pay and benefits down," said the caucus's chair, Rep. Greg Casar (D-Texas).
Casar and his colleagues introduced four "task forces" that "go directly at those big problems facing Americans: fighting corruption and corporate greed in order to lower costs and win better pay and benefits."
The Battleground Alliance is taking a similar approach, focusing on the material effects of the Trump agenda on working people.
"GOP members of Congress betrayed their constituents when they voted to kick 17 million Americans off their health care," said Maurice Mitchell, national director of the Working Families Party. "Working people deserve leaders who will fight for them, not grovel at the feet of their billionaire donors. We're ready to organize in districts all across the country to kick out members of Congress who lied to their constituents and voted for this disastrous budget."
The group is planning to pour $1 million into the most competitive districts in the country, targeting Republicans who voted for Trump's massive budget legislation.
Some of the Republican targets it has already singled out include Rep. David Valadao, whose district in California's San Joaquin Valley is majority Latino and has one of the highest Medicaid enrollment rates in the country; and Rep. Ryan Mackenzie, whose Allentown, Pennsylvania district now has 25,000 people at risk of losing food stamps as a result of the law.
"Working people are done watching politicians in Washington hand out favors to the wealthy while our communities struggle to afford care, housing, and food," said April Verrett, president of SEIU. "Through 2026 and beyond, we will continue to organize in places that they've tried to ignore because that's where real change begins."
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House Progressives Launch New Effort to Rally Working Class for Electoral Wins in 2026
"In a time of record-breaking income inequality and rampant corporate greed," said one lawmaker, "it is more important than ever that we as Democrats reassert and reinforce our commitment to working people."
Jul 16, 2025
Four task forces announced on Wednesday by the Congressional Progressive Caucus will focus efforts on winning Democratic seats in the U.S. House of Representatives in 2026, with members rallying around one key idea that the party has been criticized for sidelining: "Americans are fed up with an economy and a government that are rigged in favor of the powerful and well-connected while failing to serve working people."
That was what U.S. Rep. Dave Min (D-Calif.) had to say, in part, as he was named the chair of a new task force on fighting corruption, with Rep. Hank Johnson (D-Ga.) serving as vice chair.
After prosecuting fraud at the Securities and Exchange Commission and teaching law students at the University of California, Irvine, Min said he was "proud to continue the anti-corruption fight in Congress"—a fight that the CPC said is essential to winning the trust and votes of Americans as they decide whether Democrats or Republicans will control Congress after next year's midterm elections.
The policy proposals that the four new task forces will advance "enjoy support from voters across the ideological and demographic spectrum" and are all focused on making life easier for working-class Americans and shifting political priorities away from serving corporations and the wealthy.
The CPC cited new polling from Data for Progress that showed such policies—like raising the minimum wage and lowering the cost of essentials—"enjoy a supermajority and give a 9-point advantage for Democrats who lead with these themes compared to a generic Democratic message against a Republican opponent."
"Working people in America are getting screwed by corrupt politicians and big corporations that are driving costs up and keeping pay and benefits down."
The other task forces will be focused on lowering costs, with Rep. Yassamin Ansari (D-Ariz.) chairing; ending corporate greed, with Rep. Becca Balint (D-Vt.) serving as chair; and securing better pay and benefits for U.S. workers, with Rep. Emily Randall (D-Wash.) chairing.
"In my home state of Arizona, families have been crushed by rising costs brought on by [President Donald] Trump and Republicans—whether it's skyrocketing healthcare premiums, unaffordable housing, or the soaring costs of education, childcare, long-term care, and even just commuting to work," said Ansari. "I'm honored to lead the Lowering Costs Task Force as one of the ways we're fighting back to deliver bold policies that will help working families.”
Randall said that in her district in Washington, she has watched as economic security has become less and less accessible for working families in recent decades.
"I've seen my grandparents, my teachers, my neighbors afford homes and vacations and childcare because they had good jobs. But over the years, affording a good life has gotten harder and harder," said Randall. "Our neighbors deserve leaders who put people before profits and stand up for what's right. They deserve leaders who understand that an economy that is centered on working people is a stronger economy for everyone. As chair of the Better Pay and Benefits Task Force, I'm committed to fighting for fairer wages, stronger benefits, safer workplaces, and an economy that puts working people first—right at the center of our policies."
The task forces were announced days after Trump signed his massive domestic policy package, which is opposed by more than 60% of Americans, according to a new poll, and makes the 2017 tax cuts for corporations and the wealthy permanent while cutting food assistance and healthcare spending.
"Working people in America are getting screwed by corrupt politicians and big corporations that are driving costs up and keeping pay and benefits down," said Rep. Greg Casar (D-Texas), who chairs the CPC. "Our four new task forces go directly at those big problems facing Americans: fighting corruption and corporate greed in order to lower costs and win better pay and benefits."
As the CPC announced the task forces, a coalition of dozens of civil society groups launched a political action committee aimed at centering working-class issues in the 2026 elections and winning back more than 35 House seats for Democrats.
"In a time of record-breaking income inequality and rampant corporate greed," said Rep. Mark DeSaulnier (D-Calif.), vice chair of the Better Pay and Benefits Task Force, "it is more important than ever that we as Democrats reassert and reinforce our commitment to working people."
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Lawyer Linked to Netanyahu Gov't Warned ICC Prosecutor Israel Would 'Destroy' Him Over Arrest Warrants
A British-Israeli lawyer told ICC Prosecutor Karim Khan he'd spoken to a top Israeli legal adviser and warned he should have gone after "lower-level suspects."
Jul 16, 2025
One international human rights expert said Tuesday that a new report of alleged threats made against the International Criminal Court's prosecutor regarding his arrest warrants for Israeli officials were "extremely worrying," noting that the reported threats were just the latest show of intimidation against authorities who aim to hold Israel to account for its abuses of humanitarian law.
"The Commission of Inquiry on the [occupied Palestinian territories] quit, Francesca Albanese was sanctioned, and now we have reports of threats against Karim Khan," said London School of Economics human rights fellow Alonso Gurmendi, referring to the mass resignation of three United Nations human rights experts, U.S. sanctions targeting the U.N. special rapporteur on the OPT, and the news about the ICC prosecutor.
The Middle East Eye (MEE) reported that a British-Israeli defense lawyer linked to Israel's government, Nicholas Kaufman, delivered a warning to Khan at a meeting in May, as Khan was facing pressure over the arrest warrants he'd issued for Israeli Prime Minister Benjamin Netanyahu and former Israeli Defense Minister Yoav Gallant. Along with Hamas leader Mohammed Deif—since confirmed dead—Netanyahu and Gallant were accused of war crimes and crimes against humanity.
Netanyahu's government began a military assault on Gaza in October 2023 that has been called a genocide by top human rights experts and groups.
Days before the meeting in May, Kaufman reportedly told Khan that he'd spoken to Roy Schondorf, a legal adviser to Israeli Prime Minister Benjamin Netanyahu.
When they met at a hotel in The Hague, Kaufman told Khan to apply to the ICC to have the warrants for Netanyahu and Gallant reclassified as "confidential" and submit them as part of a "noncriminal, noninvestigative process," allowing Israel to access the details of the allegations and privately challenge them without the outcome of the case being made public.
"This looks like a coordinated attack on international accountability on a scale never before seen."
Kaufman also told Khan that issuing more arrest warrants for Israeli officials including Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben-Gvir over their support for illegal settlements in the West Bank, as the ICC was considering at the time, could result in more U.S. sanctions against the ICC; the Trump administration imposed travel and economic sanctions against Khan earlier this year. More sanctions would "risk destroying the court," said Kaufman, MEE reported.
"All options would be off the table" for Khan if he issued the new arrest warrants, warned Kaufman. "They will destroy you, and they will destroy the court."
Kaufman told MEE that he requested a meeting with Khan in early May "because as an Israeli ICC lawyer, who had experienced the shock of October 7, 2023, I was well placed to understand the matter" and because Khan was "under fire" over his investigation into alleged war crimes committed by Netanyahu's government in Gaza.
At the time of the meeting, Khan was also facing an investigation into allegations of sexual misconduct; he has denied the allegations.
He also told Khan that he should have gone after "lower-level suspects" and that his indictments of Netanyahu and Gallant had "basically indicted Israel."
Kaufman told the outlet that he had simply "told Mr. Khan that he should be looking for a way to extricate himself from his errors" but denied that he'd made a proposal to amend Khan's case against the Israeli officials on behalf of the government—despite his contact days earlier with Netanyahu's legal adviser.
Khan and his wife, lawyer Shyamala Alagendra, who also attended the meeting, told Kaufman his warning that Israel would "destroy" Khan over more warrants "was a clear threat."
Gurmendi said that if MEE's report is true, "this looks like a coordinated attack on international accountability on a scale never before seen."
Khan has faced other threats from officials allied with Israel since investigating Israel's assault on Gaza. In April 2024, the United Kingdom's then-foreign secretary, former Prime Minister David Cameron, had a tense phone call with Khan in which he threatened to defund the ICC and withdraw the U.K. from the court if it issued warrants for any Israeli leaders.
In May 2024, U.S. Sen. Lindsey Graham (R-S.C.) threatened sanctions against ICC officials is Khan applied for more warrants.
Graham "was screaming at us," ICC lawyer Andrew Cayley, who oversaw the court's investigation into Palestine, told The Observer.
After Khan announced later that month that's he'd requested warrants for the Israeli and Hamas leaders, Cayley "began receiving anonymous, threatening phone calls saying, 'You're in a very dangerous position.'"
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