Today is Shell’s AGM, where the company will try and spin to its shareholders and the wider public that it is leading the climate fight and race to net zero. But its all a climate charade. Its all a lie.
Shareholder resolutions
Hey Rex: “Real Men – They Discover Renewables”
The boss of oil giant Exxon, Rex Tillerson, will be an “oil man” until the day he dies. And on yesterday’s performance at the company’s AGM this old oil dinosaur is not going green anytime soon.
Investors Warned Tar Sands are a “Slow Motion” Oil Spill
Earlier this month, I blogged how the tar sands lobby was trying to exploit BP’s Gulf of Mexico spill. Well the pro-tar sands argument has once again been blown out of the water by a report from the social investment network, Ceres. It argues that the environmental and financial risks of producing oil in Canada’s … Read More
When two worlds collide – the chardonnay wins
If you have never been to an oil company AGM it is worth going to watch two parallel words colliding for a few hours. On the one side are the protestors arguing passionately for the company to listen to how their activities are destroying someone’s homeland or are polluting the earth. Up on the top … Read More
Tar Sands Dominates BP’s AGM
Oil Giant BP faces a barrage of criticism from investors at today’s AGM at the Excel Centre in London Docklands over the environmental cost of its controversial tar sands project in Canada. BP’s showcase presentation to investors and shareholders is being overshadowed by a resolution tabled by over 140 shareholders asking the oil firm to … Read More