A major shift is taking shape in the US oil and gas industry. Oil giants ExxonMobil and Chevron are facing shareholder rebellions led by climate activists over the companies’ perceived failures to set a clear business strategy for a low carbon future. IBD Senior Reporter Gillian Rich speaks with Danielle Fugere, president of the activist group As You Sow, to learn what’s next after Chevron shareholders in May backed proposals for further emission cuts.

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