Exxon Misled Investors Over Climate Change, Court Told - News Summed Up

Exxon Misled Investors Over Climate Change, Court Told


To illustrate how Exxon Mobil Corp. allegedly deceived investors about its climate-change accounting, a lawyer from the New York attorney general’s office showed a packed Manhattan courtroom Tuesday a multicolored world map the company presented to shareholders. In red were countries including the U.S. and Canada where Exxon said it was planning for tougher climate-change regulation, showing the number the company used to calculate the higher cost.


Source: Wall Street Journal October 23, 2019 00:33 UTC



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