House Judiciary report alleges a ‘collusive climate cartel’ tried to force Exxon to go ‘net zero’

JTN

The House Judiciary Committee Friday released a report detailing an investigation into a successful effort to replace three members of the board of ExxonMobil with activist shareholders, Alexander Karsner, Kaisa Hietala, and Gregory Goff. 

According to the report, a “climate cartel” consisting of various climate coalitions, including Ceres and its Climate Action 100+ initiative, coordinated a “pressure campaign” against ExxonMobil. The company had become the target of this cartel, according to the report, when it refused to adopt policies that would reduce its emissions, which would effectively require it to reduce production of oil and gas.  more