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November 8, 2019

Exxon denies that it misled investors on climate risks

  • New York state made closing arguments in a case that accused the energy giant of downplaying the impact of stricter climate regulations in a warming world.
  • By CATHY BUSSEWITZ
    Associated Press

    NEW YORK — Climate change may be the defining risk for oil and gas companies in coming decades, and attorneys for New York state are saying Exxon Mobil misled investors about how it was handling that risk.

    The state made closing arguments Thursday in a case that accused the energy giant of downplaying the impact of stricter climate regulations in a warming world.


     
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