Simon Billenness Senior Analyst Trillium Asset Management 711 Atlantic Ave. More than 100 shareholders have filed a resolution at BP Amoco that asks for a report by the company detailing its plans to go beyond petroleum to address the development of renewable forms of energy.
Climate change is one of the greatest threats facing the planet today.
Carbon pollution is the largest contributor to human induced climate change. BP Amoco is one of the largest carbon producers in the world. Two hard realities threaten the future profitability of the company. First, the world will likely begin to run out of oil in the coming decades. The company s profits depend on investments that take decades to mature.