Update, 1:30pm: Click here for a round up of the results of the shareholder meeting, including record-high levels of support among shareholders for climate-focused resolutions.
Today, Dominion Resources’ CEO, Thomas Farrell, board of directors and shareholders are meeting in Cleveland, Ohio for the company’s annual meeting. The meeting comes one day after the release of the most comprehensive assessment yet of the grave impacts that climate change is already having on communities across the U.S., from rising sea levels causing flooding along the East Coast, to more extreme precipitation damaging infrastructure everywhere, to severe droughts impacting food production in the West.
Unfortunately, as the impacts of climate change cost us more and more, Tom Farrell’s company is ignoring the problem, and making it worse. As Virginia’s biggest energy utility, Dominion is has built ZERO utility-scale wind or solar power projects in the commonwealth and is the state’s #1 climate polluter. Over the next fifteen years, instead of developing Virginia’s vast solar power and offshore wind potential, Dominion is proposing to build three new gas-fired power plants and to increase the company’s carbon emissions by 37 percent. On top of it all, Dominion now it wants to build a massive fracked gas export facility on the Chesapeake Bay in Maryland. This Cove Point project would become the state’s single biggest trigger of climate pollution and increase dangerous fracking throughout the region.
As Farrell and his board meet today in Cleveland, people are taking action to say enough is enough. Ohio anti-fracking activists are protesting outside to denounce Dominion’s Cove Point gas export plan. Meanwhile, inside the meeting, Virginia shareholders are presenting four resolutions that call on the company to address its contribution to climate change.
Here’s how you can join them in taking action:
1. Share and join the “Dear Dominion” photo petition: Tell Tom Farrell why we deserve MORE than fossil fuels. We’re delivering your photos today as Tom Farrell and his board arrive in Cleveland. But it’s not too late to upload your own photo and share it on social media. You can Tweet @DomNews (Dominion Resources), @DomVAPower (Dominion Virginia Power) or @Dom_CovePoint (Dominion Cove Point). Or, on Facebook tag “Dominion Virginia Power” or “Dominion Cove Point.”
2. Get involved to stop fracked gas exports at Cove Point. Dominion’s Cove Point facility would take gas piped from fracking wells across Appalachia, liquefy it to 260 degrees F below zero at a polluting facility on the Chesapeake Bay, and ship it to Asia on massive tankers. This plan would put our communities in the way of an expanding web of dangerous new fossil fuel infrastructure, while polluting the climate as much — if not more — than coal. Key federal and state decision deadlines are nearing, so this is a critical time to get involved in stopping it. Click here to learn how you can take action, including joining us in Washington, DC on July 13th for a major rally to say “no” to fracked gas exports at Cove Point and nationwide!
3. Learn more. For more resources on Dominion’s dirty and dangerous energy plans, and how people are standing up to them, check out these links:
- Stop Cove Point campaign page.
- Stand Up to Dominion’s Dirty Power campaign page.
- Read more about the shareholder resolutions that Virginians are presenting today in Cleveland via WVTF public radio.
- Read the Cleveland Plain Dealer op-ed by Mike Tidwell and Robert Shields: “Dominion shareholders should slow rush to export liquefied natural gas.”