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Article: Stanford poised to buck Exxon Mobile donor: NUNS WANT EXXON MOBIL TO LIMIT EMISSIONS.
- Article from:
- San Jose Mercury News (San Jose, CA)
- Article date:
- May 22, 2007
CopyrightCOPYRIGHT 2007 San Jose Mercury News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Julie Sevrens Lyons
May 22--Stanford University has found itself caught squarely in the middle of a major proxy battle between a group of New Jersey nuns and the world's largest privately owned oil company.
The university, which has been heavily criticized for taking up to $100 million from Exxon Mobil for climate and energy research, is poised this week to vote in favor of the nuns' proposal that the oil giant immediately reduce its greenhouse gas emissions contributing to global warming.
The vote would fall in line with the university's policy to support proxy resolutions addressing climate change.
But Exxon Mobil officials ...