by Chris White
The ExxonMobil probes are meant to determine whether the company decided to continue pulling oil out of the ground despite acknowledging global warming is a growing issue, the leader of the investigation told reporters Friday.
New York Attorney General Eric Schneiderman, who is leading the Exxon investigation, told The New York Times that the probes will flesh out whether Exxon overstated its assets by trillions of dollars, even as its internal research suggested the company should know better. If that is true, he said, then “there may be massive securities fraud here.”…
Emails released by conservative legal group Energy & Environmental Legal Institute (E&E Legal) Thursday showed state attorneys general are not in lockstep with Schneiderman’s investigation.