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Massive oil spills are a turning level within the local weather battle

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Members of the environmental group MilieuDefensie will celebrate the verdict on the case of the Dutch environmental organization against Royal Dutch Shell Plc in front of the courthouse of the Palace of Justice in The Hague on Wednesday, May 26th, 2021.

Peter Boer | Bloomberg | Getty Images

LONDON – Some of the world’s largest corporate issuers have suffered a string of defeats in the boardroom and courtroom, reflecting the dwindling patience of investors who are pushing for much faster action to deal with the climate emergency.

In just a few hours on Wednesday, shareholders in US oil giant ExxonMobil helped a tiny activist hedge fund overhaul the company’s board of directors, investors in US energy company Chevron opposed management on a crucial climate change vote, and a Dutch court ordered Royal Dutch Shell to take much more aggressive measures to reduce carbon emissions.

The coincidence of events shows the growing pressure on international oil and gas companies to set short, medium and long term goals that are in line with the Paris Agreement – the climate agreement widely recognized as extremely important in avoiding an irreversible climate crisis.

At present, none of the world’s largest oil and gas companies have announced how it will achieve its goal of becoming a net-zero company by 2050, more than five years after nearly 200 countries ratified the Paris Agreement.

“An extremely devastating day for Big Oil,” said Bill McKibben, author and founder of the grassroots climate campaign 350.org, on Wednesday via Twitter. “Thanks to everyone who struggles – you push long enough and dominoes fall.”

What happened on wednesday

“It’s not often that three of the super majors hit the headlines within 24 hours, but that was certainly the case yesterday,” said Raymond James analysts in a research note.

“And all three headlines – Exxon, Chevron and Shell – had a common theme: climate risk.”

Engine # 1, which has a 0.02% stake in Exxon, removed at least two board members at the oil giant’s annual general meeting on Wednesday. The vote came as the activist firm tried to force the company to accelerate plans to move away from fossil fuels.

Exxon CEO Darren Woods said on CNBC’s “Closing Bell” Wednesday that he welcomed the new directors and looked forward to “helping them understand our plans and then hearing their insights and perspectives.”

Exxon’s management has sought to highlight the steps it is taking to cement its role in a lower carbon future, including funding research into carbon sequestration and other mitigation technologies.

The shareholders of Chevron, Exxon’s closest rival, voted for a proposal from the Dutch group Follow This to encourage the oil company to cut its emissions. The move underscored an activist-led investor surge to reduce the company’s carbon footprint.

“Big Oil can make or break the Paris Agreement. Investors in oil companies are now saying: We want you to cut emissions now and not in the distant future,” said Mark van Baal, founder of Follow This, in a brief statement following the majority vote .

Chevron is committed to reducing CO2 emissions contributing to the climate crisis, but has not yet shown a path to net zero emissions by 2050.

Read more about clean energy from CNBC Pro

In Europe, a Dutch court ruled that Shell must reduce its CO2 emissions by 45% by 2030 compared to 2019. This is a much larger reduction than the company’s current goal of reducing its emissions by 20% by 2030.

The court ruling also said Shell is responsible for its own carbon emissions and those of its suppliers, known as Scope 3 emissions. The court ruling is believed to be the first time in history that a company is required by law to adapt its policies to the Paris Agreement.

A Shell spokesman said the company expects to appeal a court ruling it has labeled “disappointing”.

What now?

Ashurst law firm’s dispute resolution partner Tom Cummins emailed CNBC to tell that the Dutch court ruling on Shell could have a broader impact on the oil and gas industry.

“This is arguably the most significant climate change ruling to date, stressing that businesses, not just governments, can be the target of strategic litigation aimed at driving behavioral change,” said Cummins.

“Oil and gas companies will review the ruling, as will stakeholders and filing attorneys, to see if similar claims can be made against other companies in other jurisdictions.”

A sign stands outside a Chevron gas station on July 31, 2020 in Novato, California.

Justin Sullivan | Getty Images

Not everyone agrees that the court ruling is likely to put more pressure on the oil and gas industry. Per Magnus Nysveen, head of analysis at Rystad Energy in Oslo, said it was “hard to imagine” that a final court ruling would convict oil companies for so-called end-use emissions.

“End-user emissions should be more the responsibility of the consumer. In my opinion, that ruling has a negligible chance of surviving complaints,” said Nysveen.

“However, it is not surprising that we are seeing this ruling in a low court in the Netherlands, as public opinion in the country is particularly sensitive to the climate impact of the energy industry,” he added.

Regarding Exxon’s board of directors change, Bank of America analyst Doug Leggate said the practical implications are “largely inconsequential” and “largely symbolic”.

“It does not affect our view of the investment case, strategy or leadership team at XOM, who we consider to be pragmatic advocates of responsible oil and gas investments,” Leggate said in a note.

Every day US information on Could 27th

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Audrey Vakker, 14, watches as she receives a Covid-19 vaccination at the Fairfax Government Center Vaccination Clinic in Fairfax, Virginia on May 13, 2021.

Andrew Caballero-Reynolds | AFP | Getty Images

The average daily number of Covid cases in the US is below less than half of the level recorded in early May, data from Johns Hopkins University shows.

The country is seeing an average of 23,407 new infections per day for the past week, compared to 49,600 on May 1, a decrease of 53%.

Federal data shows that the US reports an average of 1.7 million daily vaccinations and nearly 50% of the US population has received one dose or more.

US Covid cases

The 7-day average of daily US Covid cases is 23,407 on Wednesday, according to Hopkins data, a decrease of 23% from the previous week and 53% from the start of the month.

The number of cases has not been so low since June 2020.

According to a CNBC analysis of the Hopkins data, the average daily caseload in 44 states and the District of Columbia has decreased by 5% or more over the past week.

In other countries, the outbreaks are worsening. India is currently the epicenter of the global coronavirus pandemic, but other countries from Argentina in Latin America to Nepal in Asia have reported record increases in Covid cases in recent weeks.

US Covid deaths

The country reports an average of 571 daily Covid deaths over the past seven days, according to Hopkins data.

Wednesday’s numbers include 373 Oklahoma reported deaths announced by the state as part of “ongoing efforts to investigate and clear the backlog in COVID-19 deaths.” In some situations, state health departments assign a number of previously unreported cases or deaths to a single day, even if they may have occurred previously.

US vaccine shots administered

According to CDC data, an average of 1.7 million vaccine shots were given per day over the past week, a 5% decrease from the previous week.

Daily vaccinations have largely declined since peaking at 3.4 million shots per day in mid-April, although the average has been between 1.7 million and 2 million for nearly two weeks.

US percentage of the vaccinated population

Almost half of the US population has received at least one dose of vaccine, with 40% fully vaccinated, CDC data shows.

On Wednesday, Pennsylvania became the tenth state to report that 70% of its adult population is at least partially vaccinated. The other nine states are Vermont, Hawaii, New Hampshire, Massachusetts, Connecticut, Maine, New Jersey, Rhode Island, and New Mexico.

One of the simplest ways to make roasted garlic

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Illustration for article titled The case for peeling garlic before roasting itPhoto: Claire Lower

I love the drama of service a whole head of roasted garlic. It’s a little slice of flavor that keeps impressing, but pulling out the cloves can be a little messy (even) with a pickle fork) and (unless you are using an air fryer) Roasting on this soft and spreadable setting takes at least 50 minutes.

Fortunately, you can cut that time in half by peeling the garlic before roasting it. You get a slightly different flavor profile, but it’s still sweet, deep, and spreadable – all the things you would expect from roasted garlic.

Peeling the cloves allows them to cook faster and more evenly, so that the inside dwellers see as much heat as the outside dwellers. You can also change the texture and color of your roasted cloves with the amount of oil you add. More oil gives them a confit-like texture. (In fact, if you completely submerge them in oil, you make garlic confit.)

These were about half submerged.These were about half submerged. Photo: Claire Lower

If you only use enough oil to coat the cloves, they will come out candied and chewy, with little crispy chunks around the edges. If you want more crispy pieces, just smash the garlic really hard. The frayed edges will tan pretty nicely.

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These were simply thrown with oil.These were simply thrown with oil. Photo: Claire Lower

How to make lightly roasted cloves of garlic

Ingredients:

  • As much garlic as you want
  • olive oil
  • salt

Peel your garlic how much you have. If you want to keep the cloves whole, cut a small piece from each end of each clove – the skin will slide off easily. If you want small, crispy, caramelized pieces, smash each clove with the flat side of your knife, removing the peels that way.

Place the peeled cloves in an ovenproof bowl and add the olive oil. The more oil you add, the softer and less browned they will be. Add two large pinches of salt for each clove of garlic and stir quickly to distribute it evenly. Fry the garlic in a 350-degree oven until the cloves are soft, fragrant and dark in color – about half an hour. Smash and spread on a variety of foods.

Remove any clove residue from the oil before storing it in the refrigerator (if you’ve used a lot of oil) and use extra oil that day. (Botulism thrives in an anaerobic environment like oil is, and I would hate it if you got botulism.)

Who’s Invoice Gates’ cash supervisor, Michael Larson?

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MICHEAL Larson was the subject of a number of allegations while working for multibillionaire Bill Gates.

The 61-year-old financial expert is said to have created a “culture of fear”. Here’s what we know about him.

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Micheal Larson works for the multibillionaire Bill GatesPhoto credit: Getty

Who is Michael Larson?

Michael Larson is an American money manager who serves as the chief investment officer for The Gates Foundation.

He studied at Claremont McKenna College for three years and earned a degree in economics before earning an MBA from the University of Chicago at age 21.

After 35 years of investment experience, Michael Larson’s estimated net worth is at least $ 5.4 million as of January 31, 2021, according to Wallmine.

What is he doing for Bill Gates?

Micheal Larson has been managing Bill Gates’ funding since 1994, which is reportedly valued at nearly $ 130 billion.

According to Business Insider, Larson runs Gates ‘secret investment company Cascade Investment and manages Gates’ personal assets and those of his charitable trust.

The 61-year-old is largely accredited to help Gates make his big net worth after the software developer’s net worth got closer to $ 5 billion.

During his tenure, he is said to have managed 380 people.

Larson has been responsible for financing Bill Gates since 1994

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Larson has been responsible for financing Bill Gates since 1994Photo credit: Getty

What are the allegations against Michael Larson?

Mr Larson has been the subject of allegations, including racist statements, of showing nude pictures of women to his staff and making sexist and racist comments.

A New York Times report alleges that Larson engaged in a pattern of workplace misconduct that approached bullying, thereby creating a “culture of fear.”

In one case, the Times alleges that Larson attempted to hurt the stock price of a company for which an employee left Cascade.

Stacy Ybarra announced to Larson in early 2004 that she would be joining InfoSpace from Cascade, where she was an investor relations analyst three years earlier.

Larson apparently got so angry that he sold InfoSpace’s stock short. Two people told the Times they saw Larson’s trades on his computer.

He is alleged to have told Ybarra that, out of spite, he cut the company’s shares and pressured her to stay with the company, which she did.

That same year, on election day, Larson asked several Cascade employees when was the best time to vote.

When Ybarra, a black woman, replied that she voted that morning without standing in line, Larson allegedly replied, “But you live in the ghetto and everyone knows that blacks don’t vote.”

Larson allegedly gave Stacy Ybarra threats and racist comments on a number of allegations

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Larson allegedly gave Stacy Ybarra threats and racist comments on a number of allegationsPhoto credit: Facebook

The report, which includes reports from 10 former employees as well as others familiar with Larson, said at least six people – four of whom were Cascade employees – complained to Gates about Larson’s behavior.

The report claims some of them also complained to Gates’ wife, Melinda.

Cascade reportedly made payments to at least seven people who witnessed or had knowledge of Larson’s actions while they never discussed their time at the company.

As the company hired more people – and Gates’ fortune grew as Larson invested in farmland, hotels, stocks, bonds, and even a bowling alley – the employees saw Larson as unwaveringly supported by Gates.

Gates’ lack of response to Larson added additional power that Larson wielded, according to the report.

Larson and spokesman Chris Giglio have denied some, but not all, of his alleged wrongdoings.

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“During his tenure, Mr Larson has administered over 380 people and there have been fewer than five total complaints related to him,” said Giglio.

“Every complaint has been investigated and seriously and fully considered, and none merited Mr Larson’s dismissal,” he added.

The right way to safely eliminate previous or expired gasoline

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Retro petrol cansPhoto: Ko Backpacko (Shutterstock)

If you’ve stored gasoline (hopefully not in plastic bags or other random containers) the important thing to know is that it can get bad and after a while you won’t want to stick it in your car or lawnmower. But you shouldn’t throw it on the street either. Here’s what you need to know about safely disposing of old or expired gasoline.

How long does it take before the gasoline goes bad?

Gasoline is volatile, which means it is hardly a liquid. Its molecules all dream of escaping and floating freely in the air, and if the cap on the container is not tight enough, they will. Gasoline is also easily oxidized, meaning its molecules break apart when exposed to certain other chemicals, including oxygen. This is what makes it so flammable and so good in engines. If you oxidize fuel very quickly, it creates a fire – or a series of tiny explosions inside a car engine that move the pistons.

When gas slowly oxidizes – whether in a gas can in your garden shed – you get a series of molecules that are not exactly the same as regular gasoline. They may not propel your engine as well as they should and in some cases can clog the fuel lines.

For these reasons, you really can’t expect stored gasoline to last forever. Three to six months is about the best you can hope for when properly stored; If it’s in a loose can or has been exposed to heat, it may take even less time.

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What if you dump old gas somewhere?

You probably know intuitively that neither your city’s sewer system nor the local ecosystem will be very happy to gobble up the gasoline of an entire tank. Gas is corrosive, toxic, and flammable and just isn’t one of those places.

Draining gasoline is illegal almost everywhere – check your local laws – and the fines involved can be substantial. If you’re already trying to think of places to drain your gasoline without getting caught, you’re an asshole.

How to dispose of old gas safely

Your city or county should have a procedure for doing this, which you can look up on their website. You can also google hazardous waste disposal [your area]”To find more options.

Follow the directions, but typically here’s what you need to do:

  1. Make sure the gasoline is in an approved container (again, this is not included Plastic bags or random buckets).
  2. Call the landfill in advance to check opening times, rules, and other requirements. You might get rid of it in a moment old paint cans or car batteries at the same time.
  3. Drop it off in the right place using the approved methods and enjoy the security that comes when you remove a flammable liquid from your hands without poisoning the environment.

Porsha Williams shares her Amazon Summer time Necessities

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We independently selected these products because we love them, and we hope you do too. Shop with E! has affiliate relationships, so we may receive a commission if you buy something through our links. Items are sold by the retailer, not E !.

“There is no better way to prepare for summer than by doing it with Amazon,” he said. Porsha Williams declared on Amazon Live. She admitted, “There are always many boxes of things that I have ordered coming to my door.” She even shared how her Amazonian habits might affect their relationship Simon Guobadiaand explains, “He just has to get used to the fact that I’m the person who always orders things from Amazon. It just doesn’t stop. I can only hide some of the boxes here and there, but it is what it is. Us knows how it’s doing with Amazon. “

This time around, the Real Housewives of Atlanta star shared her favorites for the summer, including swimwear, barbecue supplies, outdoor decor, and beauty products. Check out her summer essentials below to find out why she loves them so much.

Why it’s best to keep away from making use of to corporations that talk “Yogababble”

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Illustration for article titled Why You Should Avoid Applying to Companies In Photo: Noam Galai / Getty Images for TechCrunch (Getty Images)

Some companies try to differentiate themselves from others by branding themselves as more than just one company. Instead, companies like this one supposedly have a higher purpose. The only thing is that these identities are usually backed up by loads of rhetorical bullshit.

Look no further than WeWork, for a corporate unicorn that gained worldwide recognition and only collapsed when its IPO collapsed, also because its S-1 paperwork was interspersed with “Yogababble”.

The truth is, there are tons of companies out there that adhere to the same set of rules that WeWork drove to its spectacular demise, and when you’re applying for a job you want to be wary of the meaningless corporate drivel that if only to avoid it working for a company that, amid pimped-up rhetoric, may mask broader inefficiencies.

What is yogababble?

Even if you haven’t come across the term, you are likely familiar with Yogababble, which is interchangeable with a host word that aptly defines hollow corporate dictionaries (see: jargon, catchphrases, etc.).

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However, Yogababble is indicative of a newer species typically used by tech-savvy companies that share ideas about bringing about widespread social change through everything they sell, sometimes conveyed through whims related to spirituality. The phrase was coined by NYU in 2019 Marketing Professor Scott Galloway, specifically related to WeWork’s doomed IPO prospectus that same year.

Usually this type of trap isn’t even subtle, as it’s scattered throughout the corporate mission statements and the “about” sections of countless corporate websites. The thing is, there is a direct correlation between the level of Yogababble a company uses and the sharpness of its financial returns, especially when it comes to shareholders.

Galloway explained how this works in a video in 2019:

Of course, this is not only endemic to billion dollar corporations, although it has an ubiquitous root among great business leaders. Smaller businesses have also capitalized on the apparent need for Yogababble.

How to recognize yogababble before applying for a job

As you scour a job posting and read a company, ask yourself a simple question: do you understand what a company does and what values ​​it has after reading a mission statement or an “About” section?

If a company claims to “leverage existing synergies between corporate actors and new technology to drive social change and innovate,” you are likely to be selling a lot of Yogababble. It doesn’t have to be pure yogababble either – traditional company jargon is also widely used and doesn’t have to deal with spiritual issues to create confusing clichés.

Bottom Line: If after reading the higher calling, if you are more confused about the purpose of a business, don’t apply as you may end up in a house of cards.

Why not apply to companies that use Yogababble?

This type of rhetoric is often a paving stone for damn problems a company might face. Rather than finding that higher calling by working there, it is more likely that a company that bases its reputation on an unclear mantra is having profound problems that negatively affect the longevity of your job and your work experience.

We work was notorious for its employees working long hours for low wages. Over faced internal and public accounting on the treatment of women employees and the behavior of its former CEO Travis Kalanick in 2017 (currently the company’s slogan is “We create opportunities by making the world move”, whatever that means). You can probably give more examples. This culture is so widespread that it becomes part of the culture broader corporate culture, with everyone’s LinkedIn profiles with self-proclaimed titles like “Chief Accounting Ninja” or “Change Alchemist”.

It is more than possible that any platinum jargon a company uses is just masking its reckless – or possibly even reckless – leadership. So when a company wraps itself in a yogababble blanket or spits out corporate platitudes to lure you in, it’s all the more reason to stay far away.

51% of Europeans need to change MEPs with AI

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During the new coronavirus-COVID-19 pandemic, people are walking on Strandvagen in Stockholm on March 28, 2020. – Sweden, which has remained open to business with a softer approach to containing the COVID-19 spread than most of Europe, limited gatherings from 500 to 50 people on March 27, 2020.

JONATHAN NACKSTRAND

LONDON – A study has shown that most Europeans would like to see some of their MEPs replaced by algorithms.

Researchers from the Center for Managing Change at IE University asked 2,769 people from 11 countries around the world how they would reduce the number of national parliamentarians in their country and give those seats to an AI that would have access to their data.

The results, released on Thursday, showed that despite the clear and obvious limitations of AI, 51% of Europeans were in favor of such a move.

Oscar Jonsson, academic director at IE University’s Center for Governance of Change and a key researcher on the report, told CNBC that belief in democracy as a form of government had declined for decades.

The reasons are likely related to increasing political polarization, filter bubbles, and information splinters, he said. “Everyone is of the opinion that politics is getting worse and obviously the politicians are being blamed. I think this (the report) captures the general zeitgeist,” Jonsson said. He added that the results are not that surprising “considering how many people know their MPs, how many people have a relationship with their MPs (and how many people know what their MPs do”).

The study found that the idea was particularly popular in Spain, where 66% of respondents supported it. In other countries, 59% of respondents in Italy were in favor and 56% of people in Estonia were in favor.

Not all countries like the idea of ​​handing control over to machines that can be hacked or act in ways people don’t want them to. In the UK, 69% of respondents were against the idea, 56% in the Netherlands and 54% in Germany.

Outside Europe, 75% of people surveyed in China were in favor of replacing MPs with AI, while 60% of American respondents were against it.

Opinions also vary dramatically from generation to generation, with younger people being significantly more open to the idea. Over 60% of Europeans between the ages of 25 and 34 and 56% of Europeans between the ages of 34 and 44 were in favor of the idea, while the majority of those over 55 think it is not a good idea.

Hear Future’s little one star Michelle’s candid dialog with Beyoncé & Kelly

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Michelle Williams takes the time to get in touch with a colleague Child of destiny Stars Beyoncé and Kelly Rowland.

On Wednesday May 26th, Michelle Audio shared her last conversation with the other two cast members on Instagram. During the chat, Michelle, who is promoting her new book Checking In, became candid about her mental health journey.

“It’s okay to be wrong and it’s okay to tell someone you’re not okay,” she shared. “Because I honestly should have done that to you guys. I was open to a lot of things about which I was never really honest about who I really was.”

Michelle continued, “Even though you’ve proven yourself to be safe friends, safe sisters, sometimes people need to know, no, you aren’t looked at any other way. You can just say, ‘Y’all, me’. I’ve been a little too long sad. ‘It increases bravery and gives them courage – like, oh, it’s okay. “

Kelly agreed, expressing her belief that “humility” should be an important element of friendship.

Privateness legal guidelines should be up to date after Google negotiates with HCA Healthcare, says the medical ethics professor

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US privacy laws need to be updated, especially after Google signs a deal with a major hospital chain, medical ethics expert Arthur Kaplan said on Wednesday.

“Now we have electronic medical records, huge amounts of data, and it’s like asking a navigation system from a WWI plane to guide us to the space shuttle,” said Kaplan, professor at the Grossman School of New York University Medicine. said “The news with Shepard Smith.” “We need to update our privacy and informed consent requirements.”

On Wednesday, Google’s cloud unit and hospital chain HCA Healthcare announced a contract that, according to the Wall Street Journal, gives Google access to patient records. The tech giant said it will use it to develop algorithms to monitor patients and help doctors make better decisions.

Jonathan Perlin, HCA’s chief medical officer, told the Journal that the company will remove any identifying information before giving the data to Google so it won’t know who you are. HCA collects data from 32 million patient visits each year and has more than 2,000 locations in 20 states.

But Kaplan told host Shepard Smith that he was concerned that a company like Google, which does a lot of commercial advertising, could correlate and potentially sell the health system information.

“They may not have your name, but sure enough they can find out which subgroup and subpopulation is best by promoting you,” Kaplan said.

Neither Google nor HCA responded to CNBC’s request for comment.

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