New York Attorney General Alleges Exxon Misled Investors on Climate

[mahatmakanejeeves]

Source: The Wall Street Journal.

New York Attorney General Alleges Exxon Misled Investors on Climate

State prosecutor claims Exxon used internal climate risk figures that differed from public statements

By Bradley Olson
Updated June 2, 2017 9:20 a.m. ET

New York’s attorney general alleged in court papers Friday that Exxon Mobil Corp. may have misled investors about how it accounts for the impact of climate change on its operations by using internal estimates that differed from its public statements.

Disclosing for the first time some of the specific evidence his office has collected in its long-running probe of the oil giant, New York Attorney General Eric Schneiderman claimed he...


Read more: https://www.wsj.com/articles/new-york-ag-alleges-exxon-misled-investors-on-climate-1496405308

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Bradley Olson: @bradnews
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New York AG alleges Exxon "misled" investors, may have used "sham" process in assessing risk of #climatechange.

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He has several tweets about this article.

[DK504]

1. In the 70's it was Exxon that commissioned

a climate report and the effects of spewing toxins and green house gases into the atmosphere. The conclusion of the report was we will destroy the planet if we continue at this pace. They even endorsed the report.

In the '80's they tried to make it all go away and refuted the report. Now? Even with the massive tax cuts, we pay for, they have refused to get into alternative energies. To be lauded as hero's and a progressive energy company and make more people investing and people actually make more money.

These corporations look in to the next quarter not the not quarter century.