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Exxon is arguing the false climate denial information it put out in the 80s and 90s was protected “free speech. So far the judge disagrees. His maintains if Exxon lied to its shareholders about the risks of climate change, they committed a crime.
What Exxon Knew is an ongoing story, currently making its way thru the courts.
Exxon is arguing that the information that it was putting out during the 80s and 90s to muddy the issue of climate science, were part of it’s protected “free speech”, and investigations into its actions by, among others, New York Attorney General Eric Schneiderman, impinge upon Exxon’s constitutional rights.
Judge so far has not been swayed – reminds Exxon that the issue is, if Exxon lied to its shareholders in SEC filings, in regard to the risks to its business model presented by climate change, then that’s a crime.
ExxonMobil drew tough questions and skeptical responses from a federal judge on Thursday as it urged her to shut down two state investigations into whether the oil giant misled investors and the public about climate changerisks. The judge’s inquiries suggested the company had…
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Free speech, indeed. Exxon lawyers are in a state of moral and mental chaos.
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It’s really sad what people will do to improve their profits, but I take quite a lot of comfort that the truth is finally coming out.
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Me too.
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We already know that money corrupts the mind. The Exxon case reveals that money also corrodes the brain’s power to reason. The fact that Exxon-Mobil now has its clutches in Guyana causes me distress.
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Sorry to hear about Guyana, Rosaliene.We are plagued by foreign oil companies here in Taranaki, mainly because the regulation here is so weak. Shell Oil mainly, and recently Schlumberger (they’re killing our endangered blue whales by setting off explosions every 8 seconds in their primary global feeding area). They do it to look for oil deposits. This was us yesterday: https://www.stuff.co.nz/taranaki-daily-news/99470975/protest-to-stop-seismic-surveying-takes-the-streets
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