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Investors in World’s Top Coal Shipper Pass Climate-Change Motion

  • Glencore shareholders vote for disclosure on risks to business
  • Miner says coal remains ‘energy of choice’ in emerging markets
Cooling towers stand within the Drax Group Plc.'s power station complex near Selby, U.K., on Wednesday, May 4, 2016. Drax Group Plc, the utility converting the U.K.'s biggest coal station to a plant generating heat from compressed waste, says its commitment to curbing pollution could result in getting government support.
Photographer: Simon Dawson/Bloomberg
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Glencore Plc investors agreed that the largest exporter of coal burned for power should provide more information on risks to its business from growing levels of government legislation to tackle climate change.

Shareholders at an annual meeting in Zug, Switzerland, on Thursday voted 98 percent in favor of requiring more information on public-policy positions and actions Glencore takes on greenhouse gas pollution.