U.S. House panel turns to oil majors' boards in next climate probe

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

United Kingdom United Kingdom Headlines News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

A U.S. congressional committee has invited board members at four oil majors to testify about the industry's role in climate change and spreading 'disinformation,' turning up the heat after lawmakers grilled CEOs last year.

and BP who were elected to spur change at these companies over environmental issues is scheduled for Feb. 8.

"We’ve only begun our investigation into the fossil fuel industry’s role in causing the climate crisis and spreading disinformation," panel chair U.S. Representative Carolyn Maloney said in a statement on Friday. "These are board members who ran on changing these institutions from the inside," chair of the oversight panel's environment subcommittee Ro Khanna told Reuters. "They will have to chose between their life convictions or fealty to their CEOs."a strategist at Google owner Alphabet Inc who took one of three seats for activist hedge fund Engine No. 1on Exxon's board to address growing investor concerns about global warming.

The letters said board members play a key role in holding management accountable to meaningful emissions reductions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 559. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines