ExxonMobil is facing trial over allegations of misleading investors on Climate fraud. Exxon is one of just 20 fossil fuel companies responsible for a third of all greenhouse gas emissions in the modern era. The Texas-based company has contributed nearly 42bn tonnes of carbon dioxide equivalent since 1965.
ExxonMobil on trial for Climate fraud
ExxonMobil is to face trial in New York City on Tuesday, accused of misleading investors over the business risks caused by regulations aimed at addressing the climate crisis.
The oil and gas giant has been taken to court by New York’s attorney general for allegedly covering up the costs it will incur from government rules designed to reduce greenhouse gas emissions.
This represents just the second time a climate case has gone to trial in the US.
Exxon has long been a target for environmentalists, not only for being a major contributor to the climate crisis but ...