The images of journalists were reflected in the sunglasses of a drilling manager at a… Shareholders at Exxon Mobil Corp. and Chevron Corp. narrowly voted down resolutions calling for stress tests to determine the risk that efforts to curb climate change pose to their businesses. Despite the defeat, the proposals drew more support than any contested climate-related votes in the history of the two biggest U.S. oil and gas companies. Preliminary results showed 41% support from Chevron investors that cast ballots and 38% support at Exxon, an indication that more mainstream investors are starting to take more seriously the threat of a global weaning from fossil fuels. The number of shareholders supporting the climate-risk measures “is significant, and it will continue to grow,” said Beth Richtman, investment manager at the California Public Employees’ Retirement System, which manages about $290 billion. “There’s a groundswell of share owners who are going […]