“Almost everyone can make false and misleading statements with virtual impunity, except if you are the CEO of a publicly-owned company.”
Continue reading SEC petitioned to stop climate lying by corporations
“Almost everyone can make false and misleading statements with virtual impunity, except if you are the CEO of a publicly-owned company.”
Continue reading SEC petitioned to stop climate lying by corporations
BURN MORE COAL has basically asked Exelon to stop lying about global warming. But climate lies are apparently a core part of Exelon’s business model. Read the BURN MORE COAL proposal and Exelon’s response in the company proxy statement for its 2019 annual meeting set for April 30.
Duke Energy’s proxy statement for its May 2, 2019 annual meeting has been issued. The meeting will feature anti-coal forces (the left-wing activist investors at As You Sow plus Duke Energy management) vs. pro-coal BURN MORE COAL (via Steve Milloy). You can read the proxy statement here, including the BURN MORE COAL and As You Sow proposals, and the Duke Energy response to each.
Whose side are you on?
The “green wave” of utilities shutting down coal fired power plants in the name of climate change has hit a rock, with bigger rocks to come. In this case the rock is the activist BURN MORE COAL, with the help of the US Securities and Exchange Commission (SEC)… BMC principal (and legendary skeptic) Steve Milloy sums it up this way…
BURN MORE COAL wins the right to talk greenwashing, coal, climate at the annual shareholder meetings of Duke Energy and Exelon, and to have shareholders vote on our Greenwashing Audit proposals. YUGE.
BURN MORE COAL is the only pro-coal player in this space. We have filed resolutions with AES, Duke Energy, Entergy, Exelon, NIPSCO and Southern.
AES wants to cut its carbon intensity by 70% by 2030. We want to see the math and the benefits.
Continue reading BURN MORE COAL files shareholder proposal with AES
On December 28, 2018, Duke Energy asked the U.S. Securities and Exchange Commission for permission to omit BURN MORE COAL’s shareholder proposal from Duke’s 2019 proxy materials. If granted, it would mean no shareholder vote at Duke’s 2019 annual meeting on our proposal for a greenwashing audit. Below is BURN MORE COAL’s response.
On December 28, 2018, Exelon asked the U.S. Securities and Exchange Commission for permission to omit BURN MORE COAL’s shareholder proposal from Exelon’s 2019 proxy materials. If granted, it would mean no shareholder vote at Exelon’s 2019 annual meeting on our proposal for a greenwashing audit. Below is BURN MORE COAL’s response.