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BP board suffers triple climate rebellion from shareholders | More than 50% of voters at first AGM under new leadership oppose plans to scrap climate reporting (www.theguardian.com)
submitted 6 months ago by to c/climate@slrpnk.net
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[–] 7 points 6 months ago* (5 children)

Capitalism is a religion composed of beliefs not a rational system of selfish tendencies.

How else does this make sense?

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  • [–] [S] 17 points 6 months ago (3 children)

    Shareholders own other things to, and care about stuff like a planet for their grandkids to live on, not just the next quarterly profit.

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  • [–] 1 point 6 months ago

    It's right there in the article.

    The resolution called on BP to explain how its pursuit of rising oil and gas production aligned with a world shifting away from fossil fuels.

    “The question is simple: how does BP plan to create value for shareholders as oil and gas demand declines?” said Mark van Baal, the founder of Follow This. “BP would rather antagonise its shareholders than answer it.”

    That seems perfectly rational to me.

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