Saturday, November 7, 2015

New York Investigating Whether Exxon Hid What It Knew About Climate Change


By Dino Grandoni, Nov 05, 2015 LA Times

New York's attorney general has opened an investigation into Exxon Mobil to determine whether the world's largest oil company misled the public and its shareholders on the risks climate change posed to its business.

The office of Eric Schneiderman sent a subpoena late Wednesday to the company's headquarters in Irving, Texas, requesting documents dating back to 1977. The company has acknowledged receiving a subpoena and is considering how to respond, according to Richard Keil, company spokesman.

The investigation follows published reports, based on internal company documents, suggesting that during the 1980s and 1990s Exxon, now Exxon Mobil, incorporated climate research into its business practices while simultaneously arguing, in newspaper ads and public statements by company executives, that climate change science was murky.

 
Read More: http://www.latimes.com

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