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RSS FeedsExxon`s climate trial is over, but the legal war is just beginning
(WorldNews Business)

 
 

17 november 2019 10:50:25

 
Exxon`s climate trial is over, but the legal war is just beginning
(WorldNews Business)
 


When New York´s climate change lawsuit against Exxon Mobil went on trial last month in a Manhattan courtroom, the energy giant´s lead lawyer took great pains to emphasize that the state´s allegations weren´t really about climate change. After all, Theodore Wells said, Exxon was accused of hatching a cynical, arguably pedestrian scheme to mislead investors. The alleged securities fraud may have been intended to mask the impact global warming will have on Exxon´s finances, but it wasn´t a grand reckoning of its responsibility for the man-made phenomenon. The reason, of course, was that New York couldn´t find enough evidence to back up its initial contention that Exxon hid its knowledge of...


 
23 viewsCategory: Business
 
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