In Targeting Exxon On Climate, New York Puts All Corporations On Notice

In Targeting Exxon On Climate, New York Puts All Corporations On Notice by Wendy E Wagner, The Conversation

In a move that is potentially transformative, the New York attorney general is investigating Exxon for financial fraud.

The company made public statements questioning the science of climate change in years past, even as its own in-house scientists informed company executives that precisely the opposite was the case. Put in simpler terms, the New York investigation is exploring whether the company lied to investors and consumers in order to place its own profits ahead of the public good.

But while the case focuses specifically on Exxon’s activities, its impact will be felt by many other corporations accused of misleading the...