38%. That is the tally of “yes” votes for a shareholder proposal that Exxon report each year on how climate-change policies will affect the company. In a COP-21 world, this is not such a theoretical idea anymore. Proxy votes are not horseshoes, so it’s true, 38% is failure, and most headlines reflected this reality. […]
82%. …is the portion of Chinese maritime oil imports that passes through the Malacca Strait. Do you kinda, sorta know where that is? I dare you to try to keep your eyebrows from rising when you check the map below. Yes, they are adding lots of pipeline capacity. Yes, China also invested $110b in […]