Exxon shareholders reject ban on discrimination against gays, climate change proposal - The Washington Post
DALLAS — The CEO of Exxon Mobil Corp. says there’s no quick replacement for oil, and sharply cutting oil’s use to reduce greenhouse gas emissions would make it harder to lift 2 billion people out of poverty.
“What good is it to save the planet if humanity suffers?” CEO Rex Tillerson said at the oil giant’s annual meeting Wednesday.
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Tillerson jousted with environmental activists who proposed that the company set goals to reduce emissions from its products and operations.
Shareholders sided with the company and voted nearly 3-to-1 to reject the proposal.
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Exxon’s annual meeting once drew dozens of protesters from environmental and human-rights groups, but there was only a lone demonstrator outside as the meeting began Wednesday in an ornate symphony hall.
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