Exxon Shareholders Revolt – New Energy Economy Increases Heat on PNM

Today’s post includes links to an article on Exxon shareholders’ remarkable vote, New Energy Economy’s increasing pressure on PNM, and information on an array of coming events.

ExxonMobil Shareholders Revolt. “ExxonMobil shareholders voted Wednesday to require the world’s largest oil and gas company to report on the impacts of climate change to its business—defying management, and marking a milestone in a 28-year effort by activist investors.Sixty-two percent of shareholders voted for Exxon to begin producing an annual report that explains how the company will be affected by global efforts to reduce greenhouse gas emissions under the Paris climate agreement.” Last year, the same measure achieved just 38% approval, at the time a record. The tenacity of those leading this revolt is remarkable, 28 years. It points to how change requires tenacity and commitment over the long haul. Click here to read the full report.

New Energy Economy Turns Up the Heat on PNM. Over the years, NEE has been tireless in its challenges to PNM when many other environmentalist organizations have settled with PNM. Yes, NEE has set the bar high, seeking to force our state to take advantage of its wind and sun to become a national leader in conversion to renewables. NEE pushed PNM to the Supreme Court in January and dogged them to release data showing they had misled the court throughout the hearing. As reported in the New Mexican today, prior to the hearing PNM conducted four computer analyses that demonstrated that operating two coal-burning units at the San Juan Generating Station would not be cost effective after 2022. “PNM should have informed this court of these developments and that this case should not be decided on the basis of a record in which core evidence, submitted by PNM, either was incorrect when PNM offered it, or has become incorrect as PNM now tacitly concedes,” said Mariel Nanasi of NEE. For the full report, click here.

Wall of Love.  Sunday is the last chance you will have to create your own tile for the Wall of Love. The final installation will become an artistic testimony in this historic political moment. Click here to RSVP.

Equity Summer and How You Can Join Us.  As we have been reporting, Retake has joined a coalition of local activist organizations led by the Chainbreaker Collective and comprised of New Energy Economy, Earth Care, Somos Un Pueblo Unido, Indivisible, and Democratic Socialists of America. We are kicking off Retake’s support for Equity Summer on June 25, with an hour of training in Deep Canvassing, a powerful communication strategy relevant to all forms of political discourse, from conversation with friends to testifying at a City Hall hearing. We will also discuss the many strategies of the campaign and the roles you can play. Tomorrow’s post will provide an analysis of the scope of inequity in Santa Fe and throughout New Mexico with data on housing affordability, family income, status of children, and other measures. Click here for more information and to RSVP for the kickoff, and click here for more information on Retake’s role in Chainbreaker’s Equity Summer campaign. Tom Samuels, Retake’s Canvassing Coordinator, will be interviewed on our radio show on KSFR (101.1 FM) at 11 a.m. tomorrow (6/17/17). He will describe the Equity Summer campaign and Retake’s role.

July 6, 5:30-7:30. How to Kill a City – Book Group and Pot Luck. We plan to create a series of pot luck discussions of books and reports to deepen our understanding of economic, climate, and social injustice and how we can seek equity effectively. This is the kickoff discussion, and 10 copies of How to Kill a City have been ordered and are available at Collected Works, 202 Galisteo St. It is an eminently readable book that provides insights not just into how gentrification occurs, but into how the 1% manipulates city policies to their advantage. Click here for details and to RSVP, or email me at paul@retakeourdemocracy.org if you do not use Facebook.

Input Sought on June 10 SFCC Training. If you attended last Saturday’s training at SFCC, please click here to take a brief survey allowing you to provide your input. It is the only way we can get better at what we are doing, so please be kind, but candid. 😉

In solidarity,

Paul & Roxanne

 

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