Exxon climate change News

Exxon Mobil Loses Bid to Stop States’ Climate Change Probes

A federal appeals court on Tuesday rejected Exxon Mobil Corp.’s effort to stop Massachusetts and New York from probing whether the oil company lied to investors and the public regarding what it knew about climate change. The 2nd U.S. Circuit …

Exxon Weighs Next Move After Judge Rules It Must Face Massachusetts Climate Suit

A Massachusetts state judge has rejected Exxon Mobil Corp.’s bid to dismiss a lawsuit by state Attorney General Maura Healey accusing the oil company of misleading consumers and investors about its role in climate change. In a decision released on …

Big Oil May Face More Climate Lawsuits After Shell Ruling, Say Lawyers, Activists

LONDON – A Dutch court’s decision to force Royal Dutch Shell to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists. …

Shell Loses Landmark Climate Case in Ruling with Global Implications for Big Oil

THE HAGUE/LONDON – A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world. Shell said it was “disappointed” …

Impending Dutch Court Decision to Test Shell’s Responsibility for Climate Change

A Dutch court verdict against Royal Dutch Shell Plc will determine whether it has a legal responsibility for climate change, in a case that will be watched by Big Oil executives globally. A panel of judges in a lower court …

Exxon Argues Massachusetts Climate Fraud Lawsuit Punishes It for Opinion

Exxon Mobil Corp. told a judge that a fraud lawsuit filed by Massachusetts last year amounts to illegal punishment for the energy giant’s views about fossil fuels, the latest twist in their bitter clash over climate change. The suit by …

Exxon Beats New York Claim of Climate Change Accounting Fraud

Exxon Mobil Corp. won a closely watched securities-fraud trial that delved into its internal accounting for the financial risks of climate change, a striking rejection of New York state’s claim that the company misled investors for years. The ruling Tuesday …

States’ Climate Change Litigation Could Be Useful Tool Against Big Oil: Opinion

A growing number of cities and states want to turn climate change lawsuits against oil companies into the next tobacco or opioid litigation. In principle, that seems like a truly terrible idea. Such lawsuits will likely do even less to …

How Exxon’s Climate Change Trial Ended Up Being About Numbers

Climate change protesters outside a Manhattan courthouse this week expressed overwhelming support for New York’s landmark securities fraud lawsuit against Exxon Mobil, even if they weren’t entirely sure what the case was actually about. Several participants at a rally on …

Exxon, New York AG Face Off Over Climate Change Accounting

A lawyer for New York’s attorney general on Tuesday told a state judge Exxon Mobil Corp. used two sets of books to hide the true cost of climate change regulations from investors, while an attorney for the oil major assailed …