Today, history will be made in the quest to hold the oil industry responsible for our climate crisis. In a court room in New York, Big Oil will finally be in the dock for misleading investors over the financial risks of climate change. The proceedings, known as The People of the State of New York v. Exxon Mobil Corporation, are due to start before a judge today and last for about three weeks. They date back to last year when the New York Attorney General filed a lawsuit against Exxon on behalf of investors for the scandal that has become known as #Exxonknew. The suit alleges that Exxon “defrauded” investors about the financial risks of climate change and the costs of mitigation. InsideClimateNews has been at the forefront to expose Exxon’s climate fraud.
— source priceofoil.org | Oct 21, 2019