Exxon Mobil shareholders voted to retain CEO Darren Woods and current board leadership, despite concerns over their treatment of climate-minded investors. Initial vote counts showed that shareholder support for Woods and other members of the board ranged between 87 percent and 98 percent. The vote came amid criticism of Exxon’s lawsuit against two shareholders, Arjuna Capital and Follow This, after they proposed a nonbinding measure to urge the company to adopt more aggressive emissions reduction targets. During the meeting, Woods accused some investors of abusing a “legitimate shareholder process” to advance an activist agenda consistent with shareholder value.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
