hi everyone. great to have you.

Sarah Simon, Ipswich,

Tilly, Co-organizer, NC, business

Greg Hall - Houston - Oil and Gas

Raychel, tuning in from the Twin Cities (MN), school

Janet Conroy, Guest, Boston, Harvard Student studying Sustainability.

Chapter Director E2; locally in Ipswich, Mothers Out front

Hi ,I am Amy, from Cambridge, MA. I am a sole proprietor consultant, working on various environmental topics.

Emma, curious attendee, calling in from Michigan and working for a climate nonprofit

Manuel Esquivel - Boston Planning & Development Agency (Government) - Infrastructure & Energy Planner - Jamaica Plain

Matt Spearing, St. John’s Prep (Danvers, MA) Education.

Ben, Urban Planning Graduate Student at UCLA

Margie McNally Dighton, Massachusetts. Sustainable Design Consultant and educator for Boston Architectural College

Karthik, Boston, grad student fulltime + oil&gas part time

Bailey ArnoldSenior Manager, Clean Air InitiativesAmerican Lung AssociationIllinois

Cecilia Young, Associate Fellow at Sustainable Capital Advisors (sustainable infrastructure consulting) and MS candidate at Georgetown. Joining from California

Lisa Weil, Inclime Solutions - Supporting state solar programs

James Beneatatos / MBA student Questrom School of Business / Somerville, Mass

David Bliss, Melrose; architect with a practice in building enclosures.

Carol Baroudi, Co-Organizer, Wonderful Waltham MA

Anne, Rockland Maine - curious / concerned citizen

Natalie, MPA student, Seattle (former UCS! Hi Kathy and Peter!)

Wanda Ratliff, Environmental and Green Chemistry Consultant, Hopkinton, MA

Doug Koplow, Earth Track, Cambridge, MA; work transparency about government subsidies to fossil fuels

Andy McClaine, Safe Hydrogen, LLC, Developing a safe and inexpensive hydrogen storage medium.

Abby, I work in air compliance in Texas - just interested in greenhouse gas emissions in general

Tuti, Recent MA in Globalization Studies graduate from Dartmouth College. Somerville/MA

Larry from Somerville, Mass. Editor at Bridgespan and climate advocate (MCAN, Somerville Climate Coalition, Climate Reality Project).

Brendon Pires, Alnylam Pharmaceutics, Cambridge MA - spent 5 years working in CSR/ Sustainability another company dabbling again at ALNY

Meera Singh, Cambridge - an independent educator on environmental issues and action.

David Schreiber, CFP, investment advisor, Greenvest, Arlington, MA. Focused on individual, retail level investors interested in fossil fuel divestment and socially and environmentally responsible investing.

Exxon-Mobile just announced 100's of billions of investment in bringing new oil & gas online, as well as very unambitious carbon emissions goals (apart from their actual product's burning, that is!).

Brad Caswell, originally from Ridgewood, NJ. Currently a student at Boston University

Bede Emuka. I just finished masters in Environmental law and policy at the Vermont law School; I am in Houston Texas right now.

Phoebe Su, undergrad student representing a climate justice nonprofit org

Jeanne Krieger, Progressive Democrats of MA (PDM), Lexington

Janet K. Viader, MBA in NYC. Originally from beautiful Napa Valley. Client Relations at Sustainalytics, global provider of ESG research, corporate engagement. We also do SPOs for green/social/transition bonds!

www.bostonglobe.com/2019/11/18/opinion/holding-exxonmobil-accountable/ Please don’t click now unless you’re having trouble watching the video we’re about to play. You can also refer back to the link later.

Rosanne Essiambre with Sustainable Solutions Coaching & Consulting in Lexington, MA. Am a change agent coach and consultant that works in several industry sectors.

Lara Pes. I am a Lab Manager at Weill Cornell Medicine in New York City and a green leader with the WCM sustainability team.

Bryan Sheehan, Boston area; sustainability consulting; currently in transition between organizations

Rae Andre, Author, Lead for the Planet: Five Practices for Confronting Climate Change. https://utorontopress.com/us/lead-for-the-planet-2https://www.raeandre.com/

Question: If they are Public Companies, isnt that part of their responsibility to lease legal informations?

For questions, type the word QUESTION: in upper case so they stand out in the chat. Thanks!

^if investors demand it

But this is all BEFORE Trump & McConnell succeeded in stacking the courts! Don't you think we need to recall past strategies may not work in the future?

QUESTION 2: Is there a connection between this corporation and ALEC?

QUESTION 1 If they are Public Companies, isnt that part of their responsibility to lease legal informations?

thank you. that was powerful.

Amazing video!

I want to be a politician toooo

Talk about answering the call.

Inspiring

And devastating

Very Inspiring!

Kyle Orgel, Student, BS Environmental Science and Headed to Columbia next year for Sustainability Management! I’ll throw my linked in here as well: https://www.linkedin.com/in/kyle-orgel-3a5678167/

As you type in your questions, please spell out acronyms in case they are not known/familiar to all.

This is a great point.

Here is the EPA's Environmental Justice Screening and Mapping Tool: https://www.epa.gov/ejscreen

Don’t quote me, but I believe 80% of our produce supply comes through the terminal.

Thanks, Tilly. That is a good start for communities starting to understand what their operating environmental condition is.

I don't buy it

Damali - your political saavy can teach a few things to scientists and engineers!

Question: What was the city doing as Exxon was disregarding the environmental rules before citizens of the community got involved?

No question you have expertise, Damali -- you're a hard-nosed, smart, courageous organizer!

I wish I had 5 minutes to straighten things out

Does Beacon Hill Rep Adrian Madaro cover part of Chelsea? he listens well and he is very environmentally active

Thank you, Damali. Chelsea is lucky to have you.

Agreed

QUESTION: How much are they spending on exploration?

vs. low carbon

How much are governments spending on exploration, etc.?

Good question @Janet Viader

And @ Nina

QUESTION: How does the 100 or so environmental rule roles backs undertaken by the Trump admin affect your law suit but also other law suits that may be happening against oil companies?

It would be interesting to see the last slide and a map of brownfields.

And the cost of those to communities.

QUESTION: is there anything positive at all about what gas and oil companies are doing today (versus their history?)

Question: Have there been any successes in the suits filed against major oil companies on climate change?

Sorry! Sides are touchy!

boy, we scientists and engineers are really poor communicators - we use the term "uncertainty" easily, but most folks don't know what we're saying. We have to explain modles way better already

QUESTIONS: European oil majors have announced shifts in strategy that roughly put them in line with the EU's carbon neutrality goals.1) Are they actually operationalizing those strategies at the scale needed to meet those goals?2) How much impact will their strategies have if US majors and sovereigns don't follow suit?

@Sarah, clear communication is key!

*Total = Total France

They lead on diversification

Doesn’t take much to lead, huh? :(

@Curt Newton -- yes.

How much of today's challenges were recognized in the 2007 IPCC report, and what are the key issues that have not been addressed over the last 13 years? Science was 80% reduction by 2050 back then. Is the main missed opportunity just that we didn't reduce emissions enough, to meet the trajectory recommended?

Great job, Peter.

fixing this will require tilting away from today's view of capitalism.

For those interested, my past professor has published great works on the over leveraged balance sheets / negative cash flow / stranded assets of Oil&Gas companies with a research entity called IEEFAFollow Kathy Hipple here:https://www.linkedin.com/in/kathy-hipple-a5631123/

… the economics of capitalism need to be continually tweaked so that the costs of company misdeeds and collateral damage (aka externalities) are internalized.

definition of externalities: https://www.investopedia.com/terms/e/externality.asp

BP was also responsible for Deepwater Horizon spill so there’s emissions, and then there’s how responsibile they’re being creating the product as well

Love concrete actions!

QUESTION: Have the Exxon and Chevron climate risk reports been fact-checked?

There's a simple solution to climate change

Wouldn't the corporate charters limit their ability to change?

Question: As stranded asset and climate risks to O&G investments rise, do you see the cost of capital and the cost of liability insurance to the sector rising?

Thank you to everyone. I’d like to hear the presenter’s thoughts on the work some of these fossil fuel (energy) companies are doing in the renewable fields? Would divesting from them hurt their renewable R&D operations? Pros and cons of that?

@David, Mission and vision can always be changed (if that’s what you mean by Corporate charter?)

Kathy’s comment on big data/tech and role in GHG/energy consumption is an important one

Great question by Matt Spearing

No one is a better position to build off-shore wind. They have the technical expertise

There's a bill proposed in Mass that allows natural gas companies to become energy companies, perhaps delivering therms of heat (or cooling) from micro-districts of geo-thermal systems. Does this make sense for a new business model (thank you HEET)

Speakers should feel free to respond in chat as well to questions!

Question: Thoughts on a company like Orsted (Denmark), which sold off its fossil fuel industry? Is that a scalable model for transition for larger oil and gas companies?

QUESTION: Is it possible to create the type of change needed without changing the level of consumption that the world is engaged in? Seems like a massive hurdle in the way of transitioning to clean energy.

Thanks @Janet - Kathy Hipple & IEEFA do great work!

Folks can still ask questions of Damali too. :)

Wouldn't the removal of the tax benefit of the depletion allowance for fossil fuel extraction together with the decrease in demand make these corporations significantly less profitable?

QUESTION: In terms of ESG risks, do you all think investors are taking what Damali and her community is going through in their investment considerations?

@Brendon, check out https://en-roads.climateinteractive.org/

@Haben. I am hopeful. I like to think there is an advocate voice in the room sometimes.

Have to hop off, but dropping here in the chat the Oil&Gas methodology development by the Science Based Targets initiative: https://sciencebasedtargets.org/oil-and-gas/. Thanks all!

@Rosanne - Nice plug for a former BASG event! Check out the archives.

Electrify cars!

less petroleum needed

Sorry I know that’s a big one!

and the misalignment between stated company positions and lobbying done by their trade associations is becoming a liability with investors -- they are using shareholder money to pay these groups to oppose policies they say they support.

Thank you for joining us this evening, folks! If you need to leave, do keep up with us on the website, Fb, LinkedIn, etc.

Damali, how have you found partners in local, state, or federal government (like the MA Attorney General’s office) to be allies and supportive of you and the Conservation Law Foundation in the legal tasks to hold ExxonMobil accountable?

Thank you, BASG Organizers and Presenters, for excellent presentation! I always learn so much from these meetings.

Thank you for putting this on!

Thank you all

Thank you organizers and speakers. Great presentation!

Vote!

Thanks everyone.

THANK YOU ALL

Thank you so much! This was fantastic. Thanks for all the great work you are doing.

thank you all!!!

Awesome job Eric and fabulous speakers

Thank you! So informative

Thank you everyone! Great webinar.

Thanks all!

Thank you all !

Thank you Holly, Eric, Tilly, Carole and other organizers.

Thank you so much for the discussion!

Thanks all!