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Climate Change and Climate Risk: Critical Challenges for Fossil Fuel Companies and Their Investors


Date: Wednesday, May 24 Time: 5:30 – 7:00 p.m., followed by reception (doors open at 5:00 p.m.) Location: Rice University Library, Kyle Morrow Room (3rd floor), 6100 Main St., Houston, TX 77005

Panelists will include:

  • Dr. Neal Lane (moderator), former science advisor to President Bill Clinton and senior fellow at Rice University’s Baker Institute for Public Policy;

  • Kathy Mulvey (introduction) Climate Accountability Campaign Manager and Advocate, Union of Concerned Scientists

  • Dr. André Droxler, professor of earth science and scholar at Rice University’s Baker Institute for Public Policy;

  • Yvette Arellano, policy and research liaison, Texas Environmental Justice Advocacy Services (TEJAS);

  • Dr. Susan E. Pacheco, associate professor of pediatrics, University of Texas McGovern Medical School;

  • Dr. Robert Bullard, professor of urban planning and environmental policy, Texas Southern University; and

  • Robert Litterman, investment risk expert, senior partner, Kepos Capital. Formerly with Goldman Sachs.

Texas, long the site of major oil and gas production and refining, is already experiencing significant, damaging climate impacts. Two major US fossil fuel companies, Chevron and ExxonMobil, will hold their annual shareholder meetings in Texas on May 31. Shareholders have submitted resolutions calling on management to report on climate-related risks and to plan for reductions in carbon emissions to keep global temperatures increases to below 2 degrees C.

This panel will explore the science, material risks, community concerns, and business considerations investors must weigh as they consider their vote on these climate-related resolutions.

While you’re there feel free to use #Climaterisk and #tejasbarrios on twitter.

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