The state of New York is suing ExxonMobil on charges that the energy goliath consistently misled its investors about what it knew concerning the climate crisis—essentially lying to them about what it might eventually cost the company in eventual climate-related financial risks, because the company knew better than practically anyone else what those risks were. On October 23, in a federal court in New York, opening arguments will be heard in one of the most important corporate malfeasance cases of the modern era.
By Charles P. Pierce. Esquire. Aug 7, 2019.