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    Common Dreams. To inform. To inspire. To ignite change for the common good.
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    LATEST NEWSOPINIONCLIMATEECONOMY POLITICS RIGHTS & JUSTICEWAR & PEACE
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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    scope 3 emissions

    Greek wildfires

    Emissions From Just 5 Oil Giants Could Kill 11.5 Million People Prematurely by 2100

    "Heat isn't a new phenomenon," said Global Witness. "But as the planet gets hotter because of human-caused emissions, scientists are detecting more heat-related deaths."

    Julia Conley
    Mar 21, 2024

    A new report released Wednesday details how the emissions of just five big fossil fuel companies could lead to 11.5 million premature deaths by 2100 as continued oil and gas extraction and consumption heats the planet and sparks extreme heatwaves across the globe.

    The analysis by Global Witness focused on the emissions of Shell, TotalEnergies, ExxonMobil, BP, and Chevron—all of which have "defied calls from scientists to rapidly reduce emissions and continue to increase oil and gas production."

    Keep ReadingShow Less
    bp
    big-oil
    exxon-mobil-oil-refinery

    Exxon Lawsuit Forces Pro-Climate Investors to Drop Shareholder Resolution

    "Given Exxon's preference to fight a battle in court rather than allow shareholders the freedom of a vote at its annual meeting, we decided to withdraw the climate proposal," said the head of an activist investor group.

    Julia Conley
    Feb 02, 2024

    In what one journalist called "big news for shareholder activism" at powerful companies, a climate-focused investor group said Friday it was withdrawing its proposed resolution for more ambitious emissions reductions at ExxonMobil, which had been submitted under federal guidelines for a vote at the oil giant's upcoming annual meeting, following the company's lawsuit filed in right-wing court.

    Dutch group Follow This and investment firm Arjuna Capital had planned a shareholder vote on an expansion of Exxon's emissions targets, which would have included "scope 3," requiring the company to reduce emissions produced by those who use its products.

    Keep ReadingShow Less
    emissions
    exxonmobil
    Activists rally against ExxonMobil

    'Remarkable Step': Exxon Sues to Block Investor Climate Resolution

    "Apparently," said the founder of an activist shareholder group, "the board fears shareholders will vote in favor of emissions reductions targets."

    Julia Conley
    Jan 22, 2024

    As the only major U.S. oil company that still hasn't set emissions-reduction targets for all of their operations and products, an activist shareholder group said Monday that ExxonMobil has likely seen "the writing on the wall" and is making a last-ditch effort to avoid new pollution requirements, leading it to file a lawsuit to stop investors from voting on a climate resolution at its next annual meeting.

    Exxon filed a complaint on Sunday in the U.S. District Court for the Northern District of Texas—outside the district where the firm usually files cases—asking a judge to exclude a climate proposal from its proxy statement, which investors will vote on at the company's annual general meeting (AGM) in May.

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    emissions
    exxonmobil
    'This Is Huge': Newsom to Sign Historic Climate Disclosure Bills for Big Corporations

    'This Is Huge': Newsom to Sign Historic Climate Disclosure Bills for Big Corporations

    "These two first-in-the-nation bills will provide unprecedented insight into corporate climate emissions and financial climate risk," said one advocate.

    Julia Conley
    Sep 18, 2023

    Climate advocates expressed hope Monday that California Gov. Gavin Newsom would help usher in a new era of accountability for corporate polluters nationwide after he confirmed plans to sign legislation forcing companies to publicly disclose their climate-related risks and more complete accounting of their total emissions.

    At a Climate Week event in New York on Sunday, Newsom said he wants to maintain California's status as a state leading the way to confront the climate crisis and that signing Senate Bill 253 is part of that effort.

    Keep ReadingShow Less
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    gavin-newsom

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