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Arthur T Knackerbracket has found the following story:
Charges that Exxon Mobil misled investors on the financial risks of climate change will be heard in court this month after a New York judge gave the green light for a trial.
[...] Barry Ostrager, a New York judge, rejected motions on Wednesday night and set a trial to begin next Tuesday.
The lawsuit alleges that Exxon defrauded investors by claiming to fully account for the financial impact of future climate change mitigation policies, when it was not actually doing so.
[...] "As a result of Exxon's fraud, the company was exposed to far greater risk from climate change regulations than investors were led to believe," according to the complaint, which said the scheme enabled Exxon to avoid large asset write-downs that would have represented billions of dollars in lost revenue.
The complaint points the finger at the highest levels of Exxon, including former chief executive and US Secretary of State Rex Tillerson, who "knew for years that the company's representations... were misleading," the complaint said.
An Exxon spokesman said the New York case against it "is misleading and deliberately misrepresents" the company's practices for assessing climate policies.
"The New York Attorney General's allegations are false," the spokesman said.
[...] In August 2018, the US Securities and Exchange Commission ended an investigation into Exxon's decision not to write down assets because of future climate change regulations, taking no action against the company.
(Score: 4, Informative) by ikanreed on Monday October 21 2019, @07:42PM (2 children)
Appreciate the mods, but not a troll. If you're a climate change denier of this sort in 2019, you're a fucking utterly brainless moron and we don't benefit from pretending there's any controversy to that.
(Score: 0, Interesting) by Ethanol-fueled on Monday October 21 2019, @08:44PM (1 child)
I don't deny climate change, especially not since it appears to be the latest manufactured excuse for climate taxes and other political bullshit. The globalist shitbags are putting half of Dutch farmers out of work for bullshit reasons, and we see how that all is turning out in "civilized" Europe.
Oh wait, we aren't seeing how that's turning out because American CIA media won't show you. Here, have some more Orange man bad from unelected bureaucrats and keyboard cocksuckers at Eglin AFB illegally running domestic propaganda ops on American citizens.
(Score: 1, Flamebait) by ikanreed on Monday October 21 2019, @08:59PM
Does the neonazism make your brain break where you string a dozen unrelated thoughts together?
Or does your inability to form coherent thoughts make you a neonazi?