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Climate, methane votes fail at Chevron shareholder meeting

Chevron gas station in Alameda, California. Photo: Justin Sullivan/Getty Images

Investors rejected two non-binding but symbolically important shareholder resolutions related to climate change at Chevron’s annual meeting Wednesday.

Driving the news: One resolution calling for more action cutting methane emissions narrowly failed at 45%. Another, more aggressive proposal calling for the oil giant to propose ways to lessen its production of fossil fuels received just 8%, according to As You Sow, a nonprofit group that filed the resolutions on behalf of some Chevron investors.