New York sues ExxonMobil for Climate Deception

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October 24, 2018

The New York Times reported today that New York’s attorney general filed a lawsuit against Exxon Mobil that claims the company defrauded shareholders by downplaying the expected risk of climate change to its business.

Greenpeace USA Climate Liability Lead Naomi Ages said in response:

“It’s past time to demand transparency from Exxon and the fossil fuel industry. Exxon ran a colossal climate denial operation for decades, which significantly impacted how the climate change debate played out in business, science, and politics. The recent Intergovernmental Panel on Climate Change report makes it crystal clear: we only have a decade to make serious changes to avoid climate catastrophe. The stakes have never been higher in capping carbon emissions. It’s time Exxon’s actions to sow doubt on climate change among its stakeholders undergoes the full scrutiny of the law.”

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