July 7, 2022
A prominent mainline Christian denomination plans to divest from five oil companies it believes are not doing enough to address climate change.
The vote to divest from Chevron, Exxon Mobil, Marathon Petroleum, Phillips 66 and Valero Energy comes after years of debate in the Presbyterian Church (U.S.A.).
On Wednesday (July 6), commissioners at the PCUSA’s general assembly voted 340-41 to add those companies to the denomination’s divestment list. They join 85 other companies on the list — most with ties to the military or the weapons industry.
Source: Presbyterians to divest from 5 oil companies, including Exxon Mobil, after years of debate