FILE PHOTO: A general view of the Phillips 66 Company’s Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, at sunset in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan
March 14, 2022
By Sabrina Valle
HOUSTON (Reuters) -Shareholders at four U.S. oil companies will vote in the coming quarter on proposals for the firms to meet emissions targets set out in Paris in 2015, said climate activist group Follow This.
The votes will test shareholder willingness to impose new air pollution restrictions amid high energy prices and new energy security fears following Russia’s invasion of Ukraine.
“We were positively surprised,” said Follow This founder Mark van Baal. “This shows that most oil majors accept the winds of change at the SEC.”
The U.S. Securities and Exchange Commission (SEC) last fall…
