Kathy Hipple

Kathy Hipple is a founding partner of Noosphere Marketing and the finance professor at Bard’s MBA for Sustainability. She worked for 10 years with international institutional clients at Merrill Lynch and then served as CEO of Ambassador Media.

IEEFA update: U.S.-Canada trade tensions could scuttle Kinder Morgan sale of Trans Mountain Pipeline

IEEFA update: U.S.-Canada trade tensions could scuttle Kinder Morgan sale of Trans Mountain Pipeline

Political hurdles remain on government’s buyout of faltering project

The fate of the unfinished Trans Mountain Pipeline in western Canada may be determined 3,000 miles away — in Washington. The stalled project, designed to link oil-sands fields in Alberta with West Coast ports, would become nationalized under the terms of a deal announced in June that would have the Canadian government buy the pipeline […]

IEFFA Update: Looking for innovation in the wrong place, ExxonMobil opens an energy-trading desk

As its core business falters, an oil major seeks speculation-driven profits

ExxonMobil is said to be seeking a much-needed lift through an initiative on which the company has issued no official detail but that will vastly expand its trading capabilities. Hopes are, evidently, that by opening a bigger energy-trading desk Exxon—through speculation—can reverse its trend over the past decade toward shrinking profits, a trend driven by […]

IEEFA update: Fund managers who acquiesce to ExxonMobil’s climate-risk denial do their investors a disservice

IEEFA update: Fund managers who acquiesce to ExxonMobil’s climate-risk denial do their investors a disservice

New York state comptroller Thomas P. DiNapoli drops the ball

It was a failure of epic proportions when, after demanding but not getting action last year, most shareholders voted to re-elect ExxonMobil’s board of directors on May 30, abdicating their duty to hold the company to account. Sixty-two percent of shareholders in 2017 supported a resolution calling for ExxonMobil to improve its climate risk disclosures. […]

IEEFA Update: How Gas and Oil Companies Are Starting to Look Like the Yellow Pages (Remember Those?)

Nine Lessons: What Fossil-Fuel Executives Can Learn From an Industry’s Failure to Adapt

Will the oil and gas industry go the way of the Yellow Pages? Not immediately. But huge industries can decline faster than anyone might imagine, as seen in the classic and cautionary fall of the Yellow Pages. I know because I was there. As a board member some years ago of the national Yellow Pages […]

IEEFA Update: New Oil Price Volatility Will Help Drive Transition From Fossil Fuels

U.S. Reversal on Iran Creates Market Disruptions That Affect Consumers, Investors and Whole Countries

Oil prices were already on the rise from strong economic growth, rising demand and OPEC supply cuts when political intervention in the markets via the Trump administration’s decision last week to abandon the Iran nuclear deal sent prices to almost $80 per barrel—or a half a mile from heaven—for Saudi Arabia, Russia, the United Arab […]

IEEFA Update: As ExxonMobil Doubles Down on Oil and Gas, Investors Go Elsewhere

A Company With No Plan for a Less Carbon-Intensive World

Even with the recent rebound in oil prices that accelerated after President Trump announced the U.S. would re-impose sanctions against Iran, energy companies no longer dominate the stock market like they once did. In 1980, seven of the ten largest companies in the S&P 500 were oil companies. Today, ExxonMobil is the only remaining oil […]

IEEFA Update: ExxonMobil’s Empty Climate-Risk Report

A Majority of Shareholders Want—and Deserve—More Transparency

Institutional-investor coalitions and shareholder-advocacy groups are deciding their next steps in the push for changes to ExxonMobil’s board as a result of the company’s weak recent climate-risk report. That report—as we describe in a recent investor memo—is defective and largely unresponsive to a resolution from shareholders, led by the office of New York State Comptroller […]

IEEFA Op-Ed: Shareholders Need Not Be in Denial Like ExxonMobil Is

An Oil Major That Seems Unable to Acknowledge Climate Risk

ExxonMobil has prepared a new climate report in response to shareholder concerns about climate change, and the verdict is in: If you were hoping that ExxonMobil would seriously address the issue, you’ll be disappointed. Climate risk may be real, according to the report. But it says it won’t affect Exxon’s bottom line. In ExxonMobil’s 2018 […]

and February 26, 2018 Read More →

IEEFA Update: Red Flags Around ExxonMobil’s Q4 and 2017 Earnings

Oil Prices Rise … and Profits Stumble

ExxonMobil’s reporting on Q4 and FY 2017 earnings last week comes in a year when per-barrel oil prices for the company rose by 28%, as financial performance fell short of analysts’ expectations.  (While average West Texas Intermediate prices rose 19% in 2017, Exxon’s own “annual realization” around crude-oil data indicate a 28% year-over-year increase. More […]

and February 6, 2018 Read More →