Will Exxon Have to Pay For Years of Misleading the Public? – BillMoyers.com

Posted: February 3, 2016 in American Politics, Canadian Politics, Economy, Environment, Global Warming, Media, Politics

For the past few months, New York State Attorney General Eric Schneiderman has been investigating ExxonMobil to determine if the world’s largest publicly traded international oil and gas company lied to the public or investors about the risks of climate change to its future business, based on the firm’s own internal studies. In November, Schneiderman issued a subpoena demanding a wide range of documents, including emails and financial documents. Continue reading

Beyond legal actions taken by government officials such as Schneiderman, what can the media and the public do — or do better — to prevent the kind of long-term corporate abuse in which Exxon may have engaged?

Sawyer: For climate change, the biggest thing we need to do globally is protect climate policymaking at every level from interference by the fossil fuel industry. We need to expose and challenge this interference directly, and pass strong regulations at all levels to prevent it. Moneyed oil, coal and gas interests are the reason we are still creating pipelines, export terminals and mines in the year 2016 when we know we need to immediately begin phasing out the use of fossil fuels.

Source: Will Exxon Have to Pay For Years of Misleading the Public? – BillMoyers.com

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