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Article

25 Jan 2016

Author:
Samantha Page, ThinkProgress

USA: California attorney general to investigate ExxonMobil for allegedly hiding evidence of climate change

"California’s Attorney General Is Now Investigating Exxon", 20 Jan 2016

Getting to the point where climate change was recognized as an urgent, real problem took a lot of scientific research…Exxon allegedly knew…that climate change was a problem as far back as 1977, and yet for decades the company still publicly argued that the science wasn’t settled…Now, California Attorney General Kamala Harris is investigating the company for potential legal action...Of course, it is not usually illegal for someone to say something untrue…However, once you wade into financial territory, that right becomes somewhat curtailed. Companies are required to be straight with investors. And Exxon may have misled its investors about the financial risk presented by climate change…ExxonMobil disputes that characterization. “ExxonMobil has included information about the business risk of climate change for many years in our 10-K, Corporate Citizenship Report and in other reports to shareholders,” media relations manager Alan T. Jeffers said…“We reject allegations that ExxonMobil suppressed climate change research…”…