The New York attorney general has begun a sweeping investigation of Exxon Mobil to determine whether the company lied to the public about the risks of climate change or to investors about how those risks might hurt the oil business.
NY Times reporters Justin Gillis and Clifford Krauss report today
The focus includes the company’s activities dating to the late 1970s, including a period of at least a decade when Exxon Mobil funded groups that sought to undermine climate science.
Kenneth P. Cohen, vice president for public affairs at Exxon Mobil, said on Thursday that the company had received the subpoena and was still deciding how to respond.
“We unequivocally reject the allegations that Exxon Mobil has suppressed climate-change research,” Mr. Cohen said, adding that the company had funded mainstream climate science since the 1970s, had published dozens of scientific papers on the topic, and had disclosed climate risks to investors.
Exxon Mobil Accused of Misleading Public on Climate Change Risks OCT. 30, 2015
Deeper Ties to Corporate Cash for Doubtful Climate Researcher FEB. 21, 2015
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