1. New York Doesn't Need a Smoking Gun to Win the Exxon Climate Trial

    sfgate.com BoardBlogs
    New York Doesn't Need a Smoking Gun to Win the Exxon Climate Trial

    New York's $1.6 billion securities-fraud lawsuit against Exxon Mobil is scheduled to begin a second week of trial Monday, after a series of witnesses didn't provide any concrete evidence that the oil giant knowingly misled shareholders about its climate change accounting. Testimony by investors and employees did show a potential lack of clarity as to the difference between two measures of climate costs used by the energy giant...

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  3. Quotes

    1. We're not trying to trick ourselves with our own internal documents.
    2. This is precisely why New York is pursuing Exxon under the Martin Act,.
    3. There's no dispute on the grounds about the existence of the two systems.
    4. My understanding is they were being used interchangeably.

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