ExxonMobil Monday morning announced two additions to its board as the oil giant faces pressure to boost financial performance and do more on climate.
Driving the news: Activist investor Jeffrey Ubben and Michael Angelakis, CEO of the investment company Atairos and a former senior Comcast Corp. official, are the board's two newest members.
Petaluma, California, has voted to outlaw new gas stations, the first of what climate activists hope will be numerous cities and counties to do so.
Why it matters: Expect more such ordinances, particularly in liberal towns. Grassroots groups are popping up with the mission of spreading this type of ban and forcing pollution cleanups at existing gas stations.
It wasn’t his first choice, but Sean Mahoney isn’t fighting a 150-mile proposed power line sending Canadian hydropower to New England as part of the region’s climate-change goals.
Why he matters: Mahoney, a senior expert at the nonprofit Conservation Law Foundation who lives in Maine, is seeking to compromise in a bitter battle over the proposal. Expect more fights like this as President Biden and other political leaders pursue zero-carbon economies over the next 30 years.
