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Climate change activists in New York City. Photo: Spencer Platt/Getty Images

ExxonMobil and Chevron, the biggest U.S.-based global oil giants, will face pressure to do more on climate change at their annual shareholders meetings today.

Why it matters: Investors have been pushing for climate-related commitments on the industry overall, but Exxon and Chevron have been less willing than European counterparts like Shell and BP.

Where it stands: Among other votes, resolutions urging creation of a board committee on climate change will come up at both meetings.

  • Chevron's investors will also vote on a resolution urging the company to cut carbon "in alignment" with the Paris agreement's temperature goal.

What's next: I'd be surprised if they pass over their boards' recommendations to vote no, but will be watching to see how much support they garner.

Go deeper:

Go deeper

Off the Rails

Episode 1: A premeditated lie lit the fire

Photo illustration: Sarah Grillo/Axios. Photo: Chip Somodevilla/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. Axios takes you inside the collapse of a president with a special series.

Episode 1: Trump’s refusal to believe the election results was premeditated. He had heard about the “red mirage” — the likelihood that early vote counts would tip more Republican than the final tallies — and he decided to exploit it.

"Jared, you call the Murdochs! Jason, you call Sammon and Hemmer!”

40 mins ago - World

Armin Laschet elected as leader of Merkel's CDU party in Germany

Armin Laschet. Photo: Christian Marquar - Pool/Getty Images

Armin Laschet, the centrist governor of North Rhine-Westphalia, was elected on Saturday as the new leader of Germany's Christian Democratic Union (CDU), defeating the more conservative Friedrich Merz by a 521-466 margin.

Why it matters: Laschet is now the most likely successor to Chancellor Angela Merkel as the standard bearer of the German center-right heading into September's elections. With Merkel preparing to step down after 16 years in power, Laschet is seen as a continuity candidate.

Updated 49 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: CDC director defends agency's response to coronavirus pandemic — CDC warns highly transmissible coronavirus variant could become dominant in U.S. in March.
  2. Politics: Azar says deadly Capitol siege could "tarnish" Trump administration's legacy — Biden says, "We will manage the hell out of" vaccine distribution.
  3. Vaccine: Battling Black mistrust of the vaccines"Pharmacy deserts" could become vaccine deserts — Instacart to give $25 to shoppers who get vaccine.
  4. Economy: Unemployment filings explode againFed chair: No interest rate hike coming any time soon —  Inflation rose more than expected in December.
  5. World: WHO team arrives in China to investigate pandemic origins.