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And the lawsuit claims that Exxon Mobil misled investors about

May 3, 2017 by Kimberly Parks

And the lawsuit claims that Exxon Mobil misled investors about its commitment to reducing greenhouse gas emissions, and the risks it's taking for its investments.

Exxon Mobil has always had a strong track record on climate change. In its most recent fiscal year, the company emitted nearly 1.6 million metric tons of carbon dioxide (CO2) and emitted another 4.5 million tons of CO2 in 2012 and 2013.

Exxon Mobil made a fortune in the oil fields. But its business in the coal and gas mining and refining industries made it an unlikely target of scrutiny by the state attorneys general. In 2012, the Attorney General's office found that Exxon Mobil had not complied with U.S. Environmental Protection Agency (EPA) environmental and safety regulations.

The case is in the New York State Supreme Court, and the case is ongoing.

This article (Exxon Mobil's First Energy Plan: A New Business Opportunity for Oil Companies) is free and open source. You have permission to republish this article under a Creative Commons license with attribution to the author and TrueActivist.comTrying to keep yourself in control of your finances, there is a great wealth of financial information available from the financial adviser industry. While there are some important factors you must consider before making a decision on a mortgage, there are other factors you should consider when making your mortgage loan decision.

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