Climate warning
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zelda ninga

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Marathon Petroleum

Climate warning

US oil company ran 1977 article predicting climate crisis could cause starvation

Marathon shareholders are interesting, too.200 investors with $6.5 trillion in assets under management sent a letter to 47 U.S. companies — including Marathon — urging that the companies’ lobbying align with the Paris Agreement goal of global average temperature increase below 2 degrees Celsius; and warning that lobbying against that goal is an investment risk.

The letter went to Marathon, but none of Marathon’s biggest investors – Blackrock, Vanguard, State Street, and JPMorgan Asset Management – signed it. Collectively, these four investors own roughly 25 percent of Marathon.
US oil company ran 1977 article predicting climate crisis could cause starvation

US oil company ran 1977 article predicting climate crisis could cause starvation

Marathon Petroleum predecessor warned of potential for ‘social and economic calamities’ in decades-old publication

https://www.theguardian.com/us-news/article/2024/jul/18/us-oil-marathon-petroleum-climate-change




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