New York Launches Probe Into Allegations Exxon Covered Up Climate Dangers

<a href="http://www.shutterstock.com/pic-159642965/stock-photo-forssa-finland-october-sign-mobil-on-a-wall-on-october-in-forssa-finland-mobil-is.html?src=csl_recent_image-1">Taina Sohlman</a>/Shutterstock

Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.


On Thursday, New York Attorney General Eric Schneiderman announced the state has officially opened an investigation looking into whether ExxonMobil deliberately covered up research into the dangers of climate change.

From the New York Times:

The focus includes the company’s activities dating to the late 1970s, including a period of at least a decade when Exxon Mobil funded groups that sought to undermine climate science. A major focus of the investigation is whether the company adequately warned investors about potential financial risks stemming from society’s need to limit fossil-fuel use…”We unequivocally reject the allegations that Exxon Mobil has suppressed climate-change research,” [Exxon vice president Kenneth P.] Cohen said, adding that the company had funded mainstream climate science since the 1970s, had published dozens of scientific papers on the topic, and had disclosed climate risks to investors.

The announcement comes on the heels of calls from Democratic presidential candidates, including Bernie Sanders and Hillary Clinton, for the US Justice Department to open a similar investigation.

This is a breaking news post.

 

More MotherJones reporting on Climate Desk

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

payment methods

We Recommend

Latest