Latest from Steven Mufson

Keystone XL pipeline developer pulls plug on controversial project

The project became a flash point for climate activists during the Obama administration. President Trump backed the pipeline’s construction during his term, but Biden pledged during the campaign to block it.
  • Jun 9, 2021

Dissident shareholders win a third seat on ExxonMobil board

Representatives of discontented ExxonMobil shareholders have won a third seat on its board of directors.
  • Jun 2, 2021

A bad day for Big Oil

EXXONVOTE - Today is the showdown between ExxonMobil and rebel shareholders trying to convince the company to confront climate change and install four new independent directors. The vote will come at today's ExxonMobil annual meeting. The country's biggest pension funds have openly sided with rebel shareholders, and the votes of the major fund managers -- BlackRock, Vanguard, State Street -- hung in the balance.
  • May 26, 2021

The fight for the soul – and the future – of ExxonMobil

ExxonMobil faces a shareholder rebellion over its approach to climate change, the composition of its board of directors, and its failure to bolster the value of the company, which was nudged out of the Dow Jones Industrial Average of major companies. Shareholder groups worried about climate change have also sponsored resolutions at other companies.
  • May 22, 2021

A ‘narrow’ pathway to a net zero future for greenhouse gases, IEA says

The pathway to slower climate change is "narrow" but not impossible, says the International Energy Agency. The IEA calls it "perhaps the greatest challenge humankind has ever faced.” Solar installations would be equivalent to building the world's largest solar park -- every day, the IEA said. By 2050, the IEA said, "global energy demand is around 8% smaller than today, but it serves an economy more than twice as big and a population with 2 billion more people." And much much more of it is renewable.
  • May 18, 2021

Chinese greenhouse gas emissions now larger than those of developed countries combined

Chinese greenhouse gas emissions in 2019 zipped past the United States and other developed countries combined.
  • May 6, 2021

Swift action to cut methane emissions could slow Earth’s warming by 30 percent, study finds

Such reductions could have a crucial impact in the global effort to limit warming below 2 degrees Celsius (3.6 Fahrenheit) compared to preindustrial levels — a central aim of the Paris climate accord.
  • Apr 27, 2021

Biden touts jobs from tackling climate change, including some ‘we haven’t even conceived of yet’

Biden will make his first overseas trip as president in June, traveling to the United Kingdom and Belgium, the White House announced Friday.
  • Apr 23, 2021