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re: Financial firms lead shareholder rebellion against ExxonMobil climate change policies

Posted on 6/1/17 at 2:42 pm to
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
34355 posts
Posted on 6/1/17 at 2:42 pm to
quote:

I'm just not understanding the play here.


Leftist wack jobs in control of Pension liabilities on a Social Engineering crusade. I said crusade because of my Anglo-Saxon privilege.
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 6/1/17 at 3:14 pm to
quote:

Leftist wack jobs in control of Pension liabilities on a Social Engineering crusade. I said crusade because of my Anglo-Saxon privilege.




It actually sounds like investors trying to do due dilligence on their investments for the foreseeable future. If the costs of maintaining a 2 degree increase in average global temperatures is prohibitive, they will know how to invest. Exxon management does not want this knowledge out as it may negatively impact their stock price.
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