Oil behemoth Exxon starts trial for alleged climate fraud - A bit like tobacco companies for a similar denial

The State of New York sued the Exxon Mobil Corporation for fraud, and the oil giant could not squirm out of what will almost certainly become a historic trial. New York alleges Exxon deceived its investors about how much looming climate change regulations will likely hurt the oil giant's profits as the planet continues to relentlessly warm. The oil company goes to trial on Tuesday at the neoclassically-designed New York State Supreme Court in the dead center of Manhattan's Financial District — a place where fraud, greed, and deception have, historically, abounded.

"We’re seeing the company for the first time confronted in open courts with the evidence of its climate deception," said Carroll Muffett, the president of the Center for International Environmental Law.

Really reminds me of the tobacco companies on trial all denying that smoking tobacco was harmful to one's health. We all know how that ended...

See https://mashable.com/article/exxon-climate-change-trial-new-york/

#environment #climatechange
#^Oil behemoth Exxon starts trial for alleged climate fraud